Lexington Place Phase I
1 Lexington Drive, Portsmouth, Virginia 23704
🟢 Future Pipeline
Lexington Place Phase I is a 72-unit multifamily property located at 1 Lexington Drive in Portsmouth, Virginia 23704. Placed in service in 2021 under the LIHTC program, its 15-year compliance period expires in 2036.
Year-15 Compliance Timeline
LONG-TERM COMPLIANCEPlaced in Service
2021
Current Year
2026
Expiration
2036
2021
2024
2027
2030
2033
2036
📊
Compliance expires in 10 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
5 / 15
Years Until
10
Property Overview
HUD IDVAA20210002
Year Placed in Service2021
Year-15 Expiration2036
Acquisition Status🟢 Future Pipeline
Unit Breakdown
Total Units72
Low-Income Units72
Low-Income Ratio100%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
White38%
Black / African American34%
Other / Multi-racial0%
Not Reported23%
Household Composition
Disability Status
Household Size at Certification
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules