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6 assisted units lose their PRAC/811 rent subsidy on May 6, 2027, 179 days out, unless HUD renews the contract, so the owner chooses before then whether to renew, sell or convert, and the rent roll a lender or buyer underwrites depends on that choice.
295 Richmond Blvd, Lake Ronkonkoma, NY · property
an interpretation that rests on a candidate-grade link and is labelled so
DFX product: Debt Intelligence / affordable housing
Option Supported Housing Project Iii East, Lake Ronkonkoma, NY: the PRAC/811 contract expires May 6, 2027, covering 6 assisted units.
Scheduled for May 6, 2027 (scheduled); first seen by DFX Aug 28, 2026.
Buyer classes for this family: Affordable housing lenders, Property owners, Affordable housing investors, Housing agencies.
HUD reports a renewal
HUD reports a renewal
Rank 39.0: consequence 3, commercial 3, timeliness 5, novelty 2, confidence 4, magnitude 0, affected 2, actionability 3
Family: subsidy contract expiration · public · computed today
Not yet on record: assisted units, historical lift, median warning.