Placed in service 2015

Alabama tax credit properties at Year 15 in 2029

HUD's database lists 13 Alabama properties placed in service in 2015, with 582 apartments (579 low-income). If the credit period started that year, the 15-year compliance periods end around 2029, and extended use runs to at least 2044 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.
Property	Credit	Units	Low-income	Allocated	Compliance ends	Extended use at least to
Waterford Farms Apartments 644 Cullman Road, Arab 35016	n/a	48	48	2013	2029 or 2030	2044 or 2045
Eufaula Estates 2115 South Randolph Ave, Eufaula 36027	4% and 9%	53	53	2013	2029 or 2030	2044 or 2045
San Dee Apartments 258 Court Street, Grove Hill 36451	4% and 9%	24	24	2014	2029 or 2030	2044 or 2045
Hamilton Villas 512 Military Trail, Hamilton 35570	4% and 9%	49	49	2013	2029 or 2030	2044 or 2045
Stratford Manor 1281 North Washington St, Livingston 35470	4% and 9%	47	47	2013	2029 or 2030	2044 or 2045
Vista Terrace 650 Vista Terrace Dr, Montgomery 36110	4% and 9%	96	96	2014	2029 or 2030	2044 or 2045
Oaks Apartments 363 Water Oak Street, Oakman 35579	4% and 9%	42	42	2014	2029 or 2030	2044 or 2045
Clarion Cove 18th Avenue South And Hardwick Road, Pell City 35128	n/a	60	60	2013	2029 or 2030	2044 or 2045
Baytown Senior Village 9028 Moffett Road, Semmes 36575	n/a	48	48	2013	2029 or 2030	2044 or 2045
Shadowbluff Apartments 82 County Road 85, Stevenson 35772	4% and 9%	24	24	2014	2029 or 2030	2044 or 2045
John England Manor 1901 Dinah Washington Ave, Tuscaloosa 35401	n/a	6	6	1991	2029 or 2030	2044 or 2045
John England Manor 1901 Dinah Washington Ave, Tuscaloosa 35401	n/a	35	32	1991	2029 or 2030	2044 or 2045
Somerville Apartments Fka Rosa Gardens 5701 Mcfarland Boulevard East, Tuscaloosa 35405	n/a	50	50	2013	2029 or 2030	2044 or 2045

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.

Property

Email me when this alert fires. I can unsubscribe in one click. No marketing lists.

Alert emails haven't started on this site yet. Your sign-up is saved, and when sending starts the first email asks you to confirm.

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, 2024, 2025, 2026, 2027, 2028, 2030, 2031, 2032.