South Forty

769 Fallow Lane, Billings, Montana 59102

Compliance Expired

South Forty is a 101-unit multifamily property located at 769 Fallow Lane in Billings, Montana 59102. Placed in service in 2008 under the LIHTC program, its 15-year compliance period expired in 2023.

Year-15 Compliance Timeline

COMPLIANCE PERIOD ENDED
Placed in Service
2008
Expiration
2023
2008
2011
2014
2017
2020
2023
Expired 3 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
3
Property Overview
HUD IDMTA20080005
Year Placed in Service2008
Year-15 Expiration2023
Acquisition Status Compliance Expired
Unit Breakdown
Total Units101
Low-Income Units101
Low-Income Ratio100%

2022 Tenant Profile

HUD Property-Level Data · Source: HUD LIHTC

Race & Ethnicity of Head of Household

Hispanic / Latino0%
Asian0%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Not Reported40%

Household Composition

Elderly 62+58%
Head 62+58%

Disability Status

Members with Disability73%

Household Size at Certification

Actual = Certified size79%
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules