Riverbend
5823 Sadlers Neck Road, Gloucester, Virginia 23061
🟢 Future Pipeline
Riverbend is a 130-unit multifamily property located at 5823 Sadlers Neck Road in Gloucester, Virginia 23061. Placed in service in 2020 under the LIHTC program, its 15-year compliance period expires in 2035.
Year-15 Compliance Timeline
LONG-TERM COMPLIANCEPlaced in Service
2020
Current Year
2026
Expiration
2035
2020
2023
2026
2029
2032
2035
📊
Compliance expires in 9 years
This property has significant time remaining on its compliance period. Compliance data is being tracked for informational purposes.
Compliance Period
15 Years
Years Elapsed
6 / 15
Years Until
9
Property Overview
HUD IDVAA20201028
Year Placed in Service2020
Year-15 Expiration2035
Acquisition Status🟢 Future Pipeline
Unit Breakdown
Total Units130
Low-Income Units130
Low-Income Ratio100%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
White53%
Hawaiian / Pacific Islander0%
Not Reported28%
Household Composition
With Children26%
Elderly 62+24%
Disability Status
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