Placed in service 2009
Arizona tax credit properties at Year 15 in 2023
HUD's database lists 18 Arizona properties placed in service in 2009, with 813 apartments (764 low-income). If the credit period started that year, the 15-year compliance periods ended around 2023, and extended use runs to at least 2038 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Lahabra 656 S Hwy 80, Benson 85602 | 9% | 49 | 45 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Nuestra Senora 5420 E Calle Cerritos, Guadalupe 85283 | 9% | 72 | 69 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Chaparral Apts 980 Kenwood Ave, Kingman 86409 | 4% | 20 | 20 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Cimarron Apts 1050 E Beverly Ave, Kingman 86409 | 4% | 40 | 40 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Tivoli Heights Village Phase II 3170 Harrison St, Kingman 86401 | 9% | 48 | 48 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Crit Housing I 13370 First Ave, Parker 85344 | 4% and 9% | 29 | 29 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Center Ridge Apts 105 E Main St, Payson 85541 | 9% | 48 | 48 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Amber Pointe 4625 S Seventh Ave, Phoenix 85041 | 9% | 56 | 53 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Catherine Arms 315 W Fillmore St, Phoenix 85003 | 9% | 28 | 16 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Indigo Pointe Apts 475 N 43rd Ave, Phoenix 85009 | 9% | 72 | 52 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Mccarty On Monroe 1130 E Monroe St, Phoenix 85034 | 9% | 69 | 69 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Rancho Montanas Senior Apts 4033 S Seventh St, Phoenix 85040 | 9% | 69 | 66 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Lynx Creek Apts 3241 N Majesty Dr, Prescott Valley 86314 | 4% | 26 | 26 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Navapai Apts 8800 E Yavapai Rd, Prescott Valley 86314 | 4% | 26 | 26 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Tierra Del Cielo Apts 144 W Brenda St, Somerton | n/a | 32 | 32 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Bell Mirage Estates 16629 N Greasewood St, Surprise 85378 | 9% | 60 | 56 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Wmaha Tax Credit Rehabilitation #3 1625 S Appaloosa Ave, Whiteriver · no longer monitored | 4% and 9% | 49 | 49 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Wmaha Tax Credit Rehabilitation #4 302 N Shepard Ave, Whiteriver | 9% | 20 | 20 | 2007 | 2023 or 2024 | 2038 or 2039 |
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 Arizona: 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.