Year Fifteen
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Placed in service 2009

Alabama tax credit properties at Year 15 in 2023

HUD's database lists 20 Alabama properties placed in service in 2009, with 1,183 apartments (1,183 low-income). If the credit period started that year, the 15-year compliance periods ended around 2023, and extended use runs to at least 2038 unless the agreement says later.

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026, projects placed in service through 2024), with HUD's 2024 data dictionary. "Allocated" is the year the agency allocated credits, often a year or more before the property opened. Compliance and extended-use years are estimates from the placed-in-service year; an owner may have started credits a year later, buildings in one project can differ, and extended use shown is the federal minimum; where the agency reported a period over 30 years, it's noted. "No longer monitored" means the agency flagged the property as out of its LIHTC monitoring.
PropertyCreditUnitsLow-incomeAllocatedCompliance endsExtended use at least to
Annie Lee Gardens
1621 Sundown Dr NW, Arab 35016		9%404020072023 or 20242038 or 2039
Glenbrook At Oxmoor Valley Phase I
2801 Sydney Dr, Birmingham 35211		9%10010020072023 or 20242038 or 2039
Tuxedo Terrace Phase II
1450 21st St Ensley, Birmingham 35218		TCEP only10810820082023 or 20242038 or 2039
Gables Crossing
551 Alexander Ave, Centreville 35042		TCEP only424220092023 or 20242038 or 2039
Grady's Walk
2031 Third Ave, Dothan 36301		9%565620082023 or 20242038 or 2039
Legacy Senior Village
100 Cotton Cir, Eufaula 36027		9%404020092023 or 20242038 or 2039
North Pointe
601 Greenhill Blvd NW, Fort Payne 35967		9%565620092023 or 20242038 or 2039
The Lodge At Greenbridge
600 Holly Ave, Gadsden 35901		9%404020092023 or 20242038 or 2039
Cottonwood Estates
510 E Pearl St, Jackson 36545		9%484820082023 or 20242038 or 2039
Brookstone Village Apts
705 Gardner Dr SE, Jacksonville 36265		9%464620082023 or 20242038 or 2039
High Forest Apts II
77 High Forest Ln, Jasper 35501		9%484820092023 or 20242038 or 2039
Wood Springs Place
16940 S Us Hwy 231, Midland City 36350		9%404020082023 or 20242038 or 2039
Renaissance
474 Bloodgood St, Mobile 36603		TCEP only878720082023 or 20242038 or 2039
Mockingbird Pointe
334 Hybart St, Monroeville 36460		9%565620092023 or 20242038 or 2039
Estates At Northampton
5685 Express Dr, Montgomery 36116		9%969620092023 or 20242038 or 2039
Solstice
1960 Solstice Cir, Opelika 36801		9%565620092023 or 20242038 or 2039
Arbors At Ellington
24 Park Rd, Pleasant Grove 35127		9%404020092023 or 20242038 or 2039
Brentwood Landing Apts II
549 Covered Bridge Pkwy, Prattville 36066		9%969620082023 or 20242038 or 2039
Crestview Senior Cottages
777 Wetumpka St, Prattville 36067		9%565620092023 or 20242038 or 2039
Level Line Apts
500 Level Line, Troy 36081		TCEP only323220082023 or 20242038 or 2039

Watch one of these properties

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All 13,244 properties as CSV or JSON: Year 15 data download.

What Year 15 changes for these owners

Once the compliance period closes, credit recapture no longer applies, and a right of first refusal held by a nonprofit, a tenant group or a government agency can let it buy for as little as the minimum price in IRC 42(i)(7): the debt not taken on in the five years before the sale, plus the taxes the sale triggers. With the credits claimed and recapture behind them, investor partners have little reason to stay in. The property still owes at least 15 more years of extended use, and unless the agreement or state law rules it out, the owner can ask the agency for a qualified contract after year 14. States can set longer extended use or bar qualified contract requests in their regulatory agreements, so read the recorded agreement for any property here.

Check the exact dates for one property in the compliance timeline calculator, or work the exit numbers in the Year 15 exit and refinance calculator.

Other years in Alabama: 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.