Placed in service 2017
Alaska tax credit properties at Year 15 in 2031
HUD's database lists 8 Alaska properties placed in service in 2017, with 263 apartments (222 low-income). If the credit period started that year, the 15-year compliance periods end around 2031, and extended use runs to at least 2046 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| 3600 Spenard 3600 Spenard Road, Anchorage 99503 | n/a | 33 | 25 | n/a | 2031 or 2032 | 2046 or 2047 |
| Muldoon Gardens 207 Muldoon Road, Anchorage 99501 | n/a | 23 | 23 | n/a | 2031 or 2032 | 2046 or 2047 |
| Terrace II @ Lawson Creek 2574 Vista Drive, Juneau 99803 | n/a | 35 | 35 | n/a | 2031 or 2032 | 2046 or 2047 |
| Terraces At Lawson Creek II 2574 Vista Dr, Juneau 99801 | 9% | 35 | 35 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Trillium Landing 3041 Clinton Drive, Juneau 99801 | n/a | 49 | 41 | n/a | 2031 or 2032 | 2046 or 2047 |
| Glacier Park 660 South Yorktown, Ketchikan 99901 | 4% | 22 | n/a | n/a | 2031 or 2032 | 2046 or 2047 |
| Glacier Park Apartments (Acq/rehab) 660 Yorktown Drive, Ketchikan 99901 | n/a | 22 | 21 | n/a | 2031 or 2032 | 2046 or 2047 |
| Vista Rose Phase I 1250 N Lucille St, Wasilla 99654 | 9% | 44 | 42 | 2016 | 2031 or 2032 | 2046 or 2047 |
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 Alaska: 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2032.