Placed in service 2017
Arizona tax credit properties at Year 15 in 2031
HUD's database lists 16 Arizona properties placed in service in 2017, with 1,178 apartments (1,144 low-income). If the credit period started that year, the 15-year compliance periods end around 2031, and extended use runs to at least 2046 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Yavapai-apache Homes VI Various Along E. Cherry Creek Rd., River Way, + Water Circle, Camp Verde 86322 | 9% | 35 | 35 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Pioneer Village At Coronado Court Office- 1190 18th St (Buildings 1260 16th St + 1240 18th St), Douglas 85607 | 9% | 28 | 28 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Pascua Yaqui Homes III Various On W. Calle Senu And S. Calle Tomi, Guadalupe 85283 | 9% | 37 | 37 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Kingman Heights Apartments-amy Neal Retirement Center 1020 Detroit Ave., Kingman 86401 | 9% | 57 | 57 | 2015 | 2031 or 2032 | 2046 or 2047 |
| El Rancho II 659 + 701 E. Main St., Mesa 85203 | 9% | 47 | 46 | 2015 | 2031 or 2032 | 2046 or 2047 |
| La Mesita Phase 3 2245 W. Ella St.,, Mesa 85201 | 9% | 31 | 30 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Bridgewater Deer Valley Assisted Living 2641 W. Union Hills Dr., Phoenix 85027 | 4% | 155 | 131 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Camelback Pointe 1537 W. Camelback Rd., Phoenix 85015 | 9% | 55 | 54 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Coffelt-lamoreaux Apartment Homes 1510 S. 19th Dr., Phoenix 85009 | 4% | 301 | 301 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Northern Gardens 2211 W. Northern Ave., Phoenix 85021 | 9% | 66 | 66 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Rosewood Court 5104 N. 16th Ave., Phoenix 85015 | 9% | 50 | 49 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Valor On Eighth Apartments 1001 E. 8th St., Tempe 85281 | 9% | 50 | 45 | 2015 | 2031 or 2032 | 2046 or 2047 |
| 7th Avenue Commons 529 N. 7th Ave., Tucson 85705 | 9% | 50 | 50 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Esperanza En Escalante 3680 S. Calle Polar, Tucson 85730 | 9% | 44 | 44 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Mission Vista 2455 N. Dodge Blvd., Tucson 85716 | 4% | 80 | 80 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Sunnyside Pointe Villas II Sunnyside Pointe Subdivision (Park Avenue, South Of Irvington Road), Tucson 85706 | 9% | 92 | 91 | 2015 | 2031 or 2032 | 2046 or 2047 |
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, 2030, 2032.