Oakwood Terrace Iii
Multiple Building Addresses, Grand Rapids, Minnesota 55744
⬜ Compliance Expired
Oakwood Terrace Iii is a 24-unit multifamily property located at Multiple Building Addresses in Grand Rapids, Minnesota 55744. Placed in service in 2005 under the LIHTC program, its 15-year compliance period expired in 2020.
Year-15 Compliance Timeline
COMPLIANCE PERIOD ENDEDPlaced in Service
2005
Expiration
2020
2005
2008
2011
2014
2017
2020
✅
Expired 6 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
6
Property Overview
HUD IDMNA20050120
Year Placed in Service2005
Year-15 Expiration2020
Acquisition Status⬜ Compliance Expired
Unit Breakdown
Total Units24
Low-Income Units24
Low-Income Ratio100%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
White91%
Hispanic / Latino0%
Asian0%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Household Composition
With Children36%
Disability Status
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