Carolina Gardens Apts

6001 Mahogany Lane, Kings Mountain, North Carolina 28086

Compliance Expired

Carolina Gardens Apts is a 50-unit multifamily property located at 6001 Mahogany Lane in Kings Mountain, North Carolina 28086. Placed in service in 2006 under the LIHTC program, its 15-year compliance period expired in 2021.

Year-15 Compliance Timeline

COMPLIANCE PERIOD ENDED
Placed in Service
2006
Expiration
2021
2006
2009
2012
2015
2018
2021
Expired 5 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
5
Property Overview
HUD IDNCA20060065
Year Placed in Service2006
Year-15 Expiration2021
Acquisition Status Compliance Expired
Unit Breakdown
Total Units50
Low-Income Units50
Low-Income Ratio100%

2022 Tenant Profile

HUD Property-Level Data · Source: HUD LIHTC

Race & Ethnicity of Head of Household

Black / African American50%
Asian0%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Not Reported31%

Household Composition

Elderly 62+99%
Head 62+99%

Disability Status

Units with ≥1 Disabled Member20%
Members with Disability37%

Household Size at Certification

Actual = Certified size69%
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules