Village Of New Hope
4321 Grandiflora Lane, Raleigh, North Carolina 27604
⬜ Compliance Expired
Village Of New Hope is a 45-unit multifamily property located at 4321 Grandiflora Lane in Raleigh, North Carolina 27604. Placed in service in 2006 under the LIHTC program, its 15-year compliance period expired in 2021.
Year-15 Compliance Timeline
COMPLIANCE PERIOD ENDEDPlaced 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 IDNCA20060210
Year Placed in Service2006
Year-15 Expiration2021
Acquisition Status⬜ Compliance Expired
Unit Breakdown
Total Units45
Low-Income Units45
Low-Income Ratio100%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
Asian0%
Hawaiian / Pacific Islander0%
Not Reported39%
Household Composition
Elderly 62+100%
Head 62+100%
Disability Status
Units with ≥1 Disabled Member10%
Members with Disability55%
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