Year Fifteen
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Placed in service 2010

Alabama tax credit properties at Year 15 in 2024

HUD's database lists 18 Alabama properties placed in service in 2010, with 1,215 apartments (1,183 low-income). If the credit period started that year, the 15-year compliance periods ended around 2024, and extended use runs to at least 2039 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
Bayou Village Apts
8750 University Rd, Bayou La Batre 36509 · no longer monitored		TCEP only808019912024 or 20252039 or 2040
Shoals Mill Apts
55 Coby Ln, Columbiana 35051		9%464620102024 or 20252039 or 2040
Harbor Pointe Apts II
2821 Sandlin Rd SW, Decatur 35603		9%484820102024 or 20252039 or 2040
Biltmore Place
2810 Fortner St, Dothan 36305		9%727220102024 or 20252039 or 2040
Heron Cove Apts II
630 Glover Ave, Enterprise 36330		9%888820102024 or 20252039 or 2040
Williams Court Apts
180 Irby Dr, Florence 35630		9%565620102024 or 20252039 or 2040
Grandview Gardens Apts
617 Garden Dr, Gordo 35466 · no longer monitored		TCEP only242420082024 or 20252039 or 2040
Gateway Place
715 Gallatin St SW, Huntsville 35801		TCEP only868620092024 or 20252039 or 2040
Eagle's Landing Development
162 Royal Dr, Madison 35758		9%646420102024 or 20252039 or 2040
Belle Vue Square
500 Sweetwater Dr, Millbrook 36054		9%565620102024 or 20252039 or 2040
Heritage View Apts
1401 Aaron St, Montgomery 36104		9%555520102024 or 20252039 or 2040
Sherwood Apts
4921 Hatton Ave, Montgomery 36108		4%808020072024 or 20252039 or 2040
South Mall Apts
3000 Southmall Cir, Montgomery 36116		4%16012820072024 or 20252039 or 2040
South Hills
19th St S, Pell City 		9%565620082024 or 20252039 or 2040
Wellington Terrace
149 Cnty Rd 79, Roanoke 36274		9%363620102024 or 20252039 or 2040
Magnolia Senior Village
1942 Mlk Jr St, Selma 		9%363620102024 or 20252039 or 2040
Hallmark At Talladega
65476 Al Hwy 77, Talladega 35160		9%565620102024 or 20252039 or 2040
Chestnut Trace II
9801 Old Greensboro Rd, Tuscaloosa 35405		9%11611620082024 or 20252039 or 2040

Watch one of these properties

Pick a property and we'll email when it moves closer to Year 15 (inside two years, then inside one) or when HUD's record for it changes in a new release. Every Alabama property is in the download on the data page.

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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: 2023, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.