Year Fifteen
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Placed in service 2011

Arizona tax credit properties at Year 15 in 2025

HUD's database lists 11 Arizona properties placed in service in 2011, with 613 apartments (591 low-income). If the credit period started that year, the 15-year compliance periods ended around 2025, and extended use runs to at least 2040 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.
PropertyCreditUnitsLow-incomeAllocatedCompliance endsExtended use at least to
Rainbow Lake Apts
1921 Rainbow Lake Pl, Lakeside 85929		TCEP only363620092025 or 20262040 or 2041
Whispering Sands
300 Sandhill Rd, Page 		TCEP only484820102025 or 20262040 or 2041
Devine Legacy On Central
4570 N Central Ave, Phoenix 85012		n/a655920092025 or 20262040 or 2041
Rehoboth Place
2610 W Hazelwood St, Phoenix 85017		TCEP only474720082025 or 20262040 or 2041
Symphony Apts
1650 W Maricopa St, Phoenix 85007		n/a836720092025 or 20262040 or 2041
Victory Place Phase III
Jones Ave & Ninth St, Phoenix 		n/a757520092025 or 20262040 or 2041
Bradshaw II Senior Community
123 Bradshaw Dr, Prescott 86303		n/a464620092025 or 20262040 or 2041
View Point Senior Community
3845 N Viewpoint Dr, Prescott Valley 86314		TCEP only505020102025 or 20262040 or 2041
White Mountain Villas
307 E Mcneil, Show Low 85901		TCEP only323220102025 or 20262040 or 2041
Apache Asl Trails
2428 E Apache Blvd, Tempe 85281		n/a757520092025 or 20262040 or 2041
Encore On Farmer
601 S Farmer Ave, Tempe 85281		9%565620102025 or 20262040 or 2041

Watch one of these properties

Pick a property and we'll email when it moves closer to Year 15 (inside two years, then inside one) or when HUD's record for it changes in a new release. Every Arizona property is in the download on the data page.

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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 Arizona: 2023, 2024, 2026, 2027, 2028, 2029, 2030, 2031, 2032.