Colonial Ridge
109 Colonial Ridge Circle, Mooresville, North Carolina 28117
⬜ Compliance Expired
Colonial Ridge is a 80-unit multifamily property located at 109 Colonial Ridge Circle in Mooresville, North Carolina 28117. 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 IDNCA20050045
Year Placed in Service2005
Year-15 Expiration2020
Acquisition Status⬜ Compliance Expired
Unit Breakdown
Total Units80
Low-Income Units80
Low-Income Ratio100%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
White0%
Asian0%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Not Reported0%
Household Composition
With Children0%
Elderly 62+73%
Head 62+73%
Disability Status
Units with ≥1 Disabled Member11%
Members with Disability50%
Household Size at Certification
Actual = Certified size88%
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules