Summer Place Townhomes

4901 S Waverly Rd, Lansing, Michigan 48911

Compliance Expired

Summer Place Townhomes is a 136-unit multifamily property located at 4901 S Waverly Rd in Lansing, Michigan 48911. Placed in service in 2002 under the LIHTC program, its 15-year compliance period expired in 2017.

Year-15 Compliance Timeline

COMPLIANCE PERIOD ENDED
Placed in Service
2002
Expiration
2017
2002
2005
2008
2011
2014
2017
Expired 9 years ago

The 15-year compliance period has ended. The property may have already been repositioned or converted.

Compliance Period
15 Years
Years Elapsed
15 / 15
Years Since
9
Property Overview
HUD IDMIA20020075
Year Placed in Service2002
Year-15 Expiration2017
Acquisition Status Compliance Expired
Unit Breakdown
Total Units136
Low-Income Units135
Low-Income Ratio99%

2022 Tenant Profile

HUD Property-Level Data · Source: HUD LIHTC

Race & Ethnicity of Head of Household

White88%
Black / African American0%
Hispanic / Latino0%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%

Household Composition

With Children25%
Elderly 62+10%
Head 62+9%

Disability Status

Units with ≥1 Disabled Member0%
Members with Disability6%

Household Size at Certification

Actual = Certified size100%
Actual < Certified size0%
Actual > Certified size0%
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules