Hill Top Terrace Apartments
111 N Carolina Ave, Lexington, North Carolina 27292
🔴 Expiring Imminently
Hill Top Terrace Apartments is a 64-unit multifamily property located at 111 N Carolina Ave in Lexington, North Carolina 27292. Placed in service in 2012 under the LIHTC program, its 15-year compliance period expires in 2027. This property's compliance period is expiring imminently.
Year-15 Compliance Timeline
EXPIRING IMMINENTLYPlaced in Service
2012
Current Year
2026
Expiration
2027
2012
2015
2018
2021
2024
2027
⚠️
Compliance expires in 1 year
This property's 15-year LIHTC compliance period is expiring or has recently expired. The owner may be considering disposition, recapitalization, or Year-15 exit options.
Compliance Period
15 Years
Years Elapsed
14 / 15
Years Until
1
Property Overview
HUD IDNCA20120816
Year Placed in Service2012
Year-15 Expiration2027
Acquisition Status🔴 Expiring Imminently
Unit Breakdown
Total Units64
Low-Income Units63
Low-Income Ratio98%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
Black / African American70%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Household Composition
With Children53%
Elderly 62+27%
Head 62+22%
Disability Status
Members with Disability15%
Household Size at Certification
Actual = Certified size80%
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules