Terrace South

1540 Bluemont Ave Sw, Roanoke, Virginia 24015

Compliance Expired

Terrace South is a 109-unit multifamily property located at 1540 Bluemont Ave Sw in Roanoke, Virginia 24015. Placed in service in 2010 under the LIHTC program, its 15-year compliance period expired in 2025.

Year-15 Compliance Timeline

COMPLIANCE PERIOD ENDED
Placed in Service
2010
Expiration
2025
2010
2013
2016
2019
2022
2025
Expired 1 year 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
1
Property Overview
HUD IDVAA20100942
Year Placed in Service2010
Year-15 Expiration2025
Acquisition Status Compliance Expired
Unit Breakdown
Total Units109
Low-Income Units109
Low-Income Ratio100%

2022 Tenant Profile

HUD Property-Level Data · Source: HUD LIHTC

Race & Ethnicity of Head of Household

White68%
Asian0%
Hawaiian / Pacific Islander0%

Household Composition

With Children0%
Elderly 62+75%
Head 62+75%

Disability Status

Units with ≥1 Disabled Member20%
Members with Disability46%

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