Placed in service 2010
Arizona tax credit properties at Year 15 in 2024
HUD's database lists 15 Arizona properties placed in service in 2010, with 871 apartments (843 low-income). If the credit period started that year, the 15-year compliance periods ended around 2024, and extended use runs to at least 2039 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Katherine Heights Townhomes III 1207 N Power Line Rd, Bullhead City 86429 | TCEP only | 32 | 32 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Oakwood Village Apts III 3400 S Kofa Dr, Flagstaff 86005 | 9% | 56 | 56 | 2009 | 2024 or 2025 | 2039 or 2040 |
| Glendale Lofts 6839 N 63rd Ave, Glendale 85301 | 9% | 28 | 28 | 2009 | 2024 or 2025 | 2039 or 2040 |
| Madera Peak Vista 1039 E Saguaro Dr, Globe 85501 | 9% | 60 | 59 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Itom A'e 5424 E Calle Cerritos, Guadalupe 85283 | 9% | 65 | 65 | 2009 | 2024 or 2025 | 2039 or 2040 |
| Coral Pointe Apts 2140 E Broadway Rd, Phoenix 85040 | 9% | 68 | 61 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Umom Family Housing I 3330 E Van Buren St, Phoenix 85008 | 9% | 80 | 72 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Sungate Villa Senior Community II 3870 N Civic Dr NE, Prescott Valley 86314 | 9% | 54 | 48 | 2008 | 2024 or 2025 | 2039 or 2040 |
| San Carlos Homes IV Lot, San Carlos | 4% and 9% | 40 | 40 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Santa Fe Springs 400 Denman Ave, Sierra Vista 85635 | 9% | 48 | 48 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Ghost Ranch Lodge Senior 801 W Miracle Mile, Tucson 85705 | TCEP only | 60 | 60 | 2009 | 2024 or 2025 | 2039 or 2040 |
| Glenstone Village 2835 N Stone Ave, Tucson 85705 | n/a | 72 | 72 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Martin Luther King Building At Depot Plaza 55 N Fifth Ave, Tucson 85701 | TCEP only | 68 | 68 | 2008 | 2024 or 2025 | 2039 or 2040 |
| La Posada Apts - Yuma 1900 W 30th St, Yuma 85364 | 9% | 80 | 80 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Yuma Senior Terrace 2317 S 34th Dr, Yuma 85364 | 9% | 60 | 54 | 2008 | 2024 or 2025 | 2039 or 2040 |
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: 2023, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.