Placed in service 2016

Alabama tax credit properties at Year 15 in 2030

HUD's database lists 11 Alabama properties placed in service in 2016, with 631 apartments (631 low-income). If the credit period started that year, the 15-year compliance periods end around 2030, and extended use runs to at least 2045 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
Hummingbird Landing 751 Moore Road, Andalusia 36420	9%	56	56	2014	2030 or 2031	2045 or 2046
Grace Pointe 700 Grace Ridge Drive, Auburn 36830	9%	56	56	2014	2030 or 2031	2045 or 2046
Cypress Trace Apartments 904 Clark Avenue, Bay Minette 35607	9%	40	40	2014	2030 or 2031	2045 or 2046
Cobblestone Village Apartments 736 Scott Drive, Clanton 35045	9%	56	56	2014	2030 or 2031	2045 or 2046
Shoals Mill Village Apartments 300 Shoals Mill Lane, Columbiana 35051	9%	30	30	2014	2030 or 2031	2045 or 2046
Arbours At Pierce Creek 7642 Zeigler Blvd, Mobile 36608	9%	70	70	2014	2030 or 2031	2045 or 2046
The Plaza At Centennial Hill Phase 2 560 Percy Drive, Montgomery 36104	4%	129	129	2014	2030 or 2031	2045 or 2046
Mccay Senior Gardens 1637 Pocota Drive, Oneonta 35121	9%	40	40	2014	2030 or 2031	2045 or 2046
Alexander Village Apartments 20 Alexander Village Place, St Florian 35630	9%	48	48	2014	2030 or 2031	2045 or 2046
Brentwood Park 131 Broadway Ave, Talladega 35160	4% and 9%	50	50	2014	2030 or 2031	2045 or 2046
The Flats At Colebridge 851 Bell Ave, Tarrant 35217	9%	56	56	2012	2030 or 2031	2045 or 2046

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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, 2024, 2025, 2026, 2027, 2028, 2029, 2031, 2032.