Placed in service 2016
Arizona tax credit properties at Year 15 in 2030
HUD's database lists 21 Arizona properties placed in service in 2016, with 1,634 apartments (1,623 low-income). If the credit period started that year, the 15-year compliance periods end around 2030, and extended use runs to at least 2045 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Madison Heights Phase I 1110 N. Dysart Road, Avondale 85323 | 9% | 77 | 77 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Madison Heights Phase II 1110 N. Dysart Road, Avondale 85323 | 9% | 66 | 66 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Yavapai-apache Homes V E. Cherry Creek Road, Camp Verde 86322 | 9% | 38 | 38 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Highland Square Senior Apartments 299 W. Mingus Avenue, Cottonwood 86326 | 9% | 60 | 60 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Casas De Esperanza Apartments 1201 E. 3rd Street, Douglas 85607 | 4% and 9% | 50 | 50 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Cedar Crest Apartments 2251 N. Izabel Street, Flagstaff 86004 | 4% and 9% | 81 | 80 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Florence Sunrise Apartments 644 E. Florence Heights Drive + 127 W. Butte Avenue, Florence 85132 | 4% and 9% | 58 | 57 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Landmark Senior Living 8232 N. 59th Avenue, Glendale 85302 | 9% | 52 | 52 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Briarwood Apartments 2075 Injo Drive + 2080 Moyo Drive, Lake Havasu City 86403 | 4% and 9% | 56 | 56 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Rodeo Court (Fka Homestead West) 40 Rodeo Drive, Lakeside 85929 | 4% and 9% | 32 | 32 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Encore On First West 47 W. First Avenue, Mesa 85210 | 9% | 44 | 44 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Legacy On Main II (Fka Palm Cove Ii) 118 N. Extension Road, Mesa 85201 | 9% | 122 | 122 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Aeroterra Phase II (Fka Frank Luke Addition Phase Ii) 1775 E. Mckinley Street, Phoenix 85006 | 9% | 56 | 53 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Aeroterra Phase III (Fka Frank Luke Addition Phase Iii) 1650 E. Villa Street, Phoenix 85006 | 9% | 74 | 70 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Alta Vista Village 4540-4647 N. 39th Ave., Phoenix 85019 | 4% | 182 | 182 | 2016 | 2030 or 2031 | 2045 or 2046 |
| Parsons Village (Fka North Mountain Village Apartments) 10825 N. Cave Creek Road, Phoenix 85020 | 9% | 48 | 48 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Westward Ho Apartments 618 N. Central Avenue, Phoenix 85004 | 9% | 289 | 289 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Sunshine Valley Apartments 1901 S. 20th Avenue, Safford 85546 | 9% | 72 | 70 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Desert Willow Apartments (Fka Arizona Sun Apartments) 1895 E. Don Carlos Avenue, Tempe 85821 | 4% and 9% | 57 | 57 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Meridian @ 101 (Fka Apache Villas) 2148 E. Apache Boulevard, Tempe 85281 | 9% | 76 | 76 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Downtown Motor Apartments 383 S. Stone Avenue, Tucson 85701 | 9% | 44 | 44 | 2014 | 2030 or 2031 | 2045 or 2046 |
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, 2029, 2031, 2032.