Placed in service 2018
Alaska tax credit properties at Year 15 in 2032
HUD's database lists 11 Alaska properties placed in service in 2018, with 304 apartments (263 low-income). If the credit period started that year, the 15-year compliance periods end around 2032, and extended use runs to at least 2047 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Alaska Village Subdivision 56 7900 Creekside Center Drive, Anchorage 99504 | n/a | 56 | 44 | n/a | 2032 or 2033 | 2047 or 2048 |
| Ch'anika Commons 425 Price Street, Anchorage 99508 | n/a | 21 | 21 | n/a | 2032 or 2033 | 2047 or 2048 |
| Grass Creek North II 7867 Betnu Circle, Anchorage 99503 | n/a | 45 | 45 | n/a | 2032 or 2033 | 2047 or 2048 |
| Test Property 123 Main Street, Anchorage 99001 | n/a | 12 | 12 | n/a | 2032 or 2033 | 2047 or 2048 |
| Turnagain Place Apts 2708 Coho Way, Anchorage 99517 | 9% | 29 | 29 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Turnagain Townhomes 2451 West 27th Avenue, Anchorage 99517 | n/a | 29 | 23 | n/a | 2032 or 2033 | 2047 or 2048 |
| Glacier Park-ketchikan Associates, Ltd Partnership 660 South Yorktown, Ketchikan 99901 | 4% | 22 | 21 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Mill Bay Townhomes, LLC 1223 Mill Bay Road, Kodiak 99615 | 9% | 20 | 16 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Munaqsri Apts 515, Nome 99762 | 4% | 17 | n/a | n/a | 2032 or 2033 | 2047 or 2048 |
| Munaqsri Senior Associates Of Nome, LLC 515, Nome 99762 | 4% | 17 | 16 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Vista Rose Phase II 1240 N Lucille St, Wasilla 99654 | 9% | 36 | 36 | 2017 | 2032 or 2033 | 2047 or 2048 |
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, 2031.