Placed in service 2015

Arizona tax credit properties at Year 15 in 2029

HUD's database lists 15 Arizona properties placed in service in 2015, with 1,029 apartments (1,026 low-income). If the credit period started that year, the 15-year compliance periods end around 2029, and extended use runs to at least 2044 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.
Property	Credit	Units	Low-income	Allocated	Compliance ends	Extended use at least to
Sun Ray Family Apartments 2511 Hohokam Drive, Douglas 85607	9%	57	56	2013	2029 or 2030	2044 or 2045
El Rancho 719 E Main Street, Mesa 85203	9%	66	65	2013	2029 or 2030	2044 or 2045
Escobedo At Verde Vista Phase II 125 E University Drive, Mesa 85201	9%	62	62	2013	2029 or 2030	2044 or 2045
Bowman Senior Residences 229 N Grand Avenue, Nogales 85621	9%	48	48	2013	2029 or 2030	2044 or 2045
San Carlos Homes VII Po Box 740, Peridot 85542	4% and 9%	50	50	2014	2029 or 2030	2044 or 2045
Cedar Crossing 333 East Virginia Avenue, Phoenix 85004	9%	74	74	2014	2029 or 2030	2044 or 2045
Phoenix Landing 502 North 51st Street, Phoenix 85008	4%	140	139	2014	2029 or 2030	2044 or 2045
Victory Place Phase IV 3820 S 9th Street, Phoenix 85040	9%	96	96	2013	2029 or 2030	2044 or 2045
Village Tower 1075 Ruth Street, Prescott 86301	4%	60	60	2013	2029 or 2030	2044 or 2045
Toka Homes I 51 N Baboquivari Circle, Sells 85364	9%	40	40	2014	2029 or 2030	2044 or 2045
Catalunya Apartments 5180 East 22nd Street, Tucson 85711	4%	140	140	2014	2029 or 2030	2044 or 2045
Miraflores Apartments 4011 N 1st Avenue, Tucson 85719	9%	100	100	2014	2029 or 2030	2044 or 2045
Pascua Yaqui Homes V 7609 S Camino Benem, Tucson 85757	9%	20	20	2014	2029 or 2030	2044 or 2045
Rally Point Apartments 101 S. Stone Avenue, Tucson 85701	4% and 9%	30	30	2014	2029 or 2030	2044 or 2045
White Mountain Apache Homes VI 50 W Chinatown St, Whiteriver 85941	4% and 9%	46	46	2013	2029 or 2030	2044 or 2045

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.

Property

Email me when this alert fires. I can unsubscribe in one click. No marketing lists.

Alert emails haven't started on this site yet. Your sign-up is saved, and when sending starts the first email asks you to confirm.

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, 2025, 2026, 2027, 2028, 2030, 2031, 2032.