Placed in service 2018

Arizona tax credit properties at Year 15 in 2032

HUD's database lists 15 Arizona properties placed in service in 2018, with 1,136 apartments (1,075 low-income). If the credit period started that year, the 15-year compliance periods end around 2032, and extended use runs to at least 2047 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
Bridgewater At Avondale Assisted Living 207 East Van Buren Street, Avondale 85323	4%	131	99	2017	2032 or 2033	2047 or 2048
Cochise Villas 2700 15th Street + 1620 Apache Dr, Douglas 85607	4% and 9%	60	58	2017	2032 or 2033	2047 or 2048
Mesa Artspace Lofts 155 South Hibbert, Mesa 85210	9%	50	50	2016	2032 or 2033	2047 or 2048
Bridgewater Midtown (A.k.a. Solterra 3rd + Indian School Assisted Living Facility) 3rd + Indian School, Phoenix 85013	4%	155	131	2016	2032 or 2033	2047 or 2048
Broadway Terrace 12815 North 28th Drive, Phoenix 85029	4%	101	100	2016	2032 or 2033	2047 or 2048
El Caro Senior Residences 8025 North 21st Avenue, Phoenix 85021	9%	102	102	2016	2032 or 2033	2047 or 2048
Rosewood Court II 5111 North 16th Avenue, Phoenix 85015	9%	35	35	2016	2032 or 2033	2047 or 2048
Las Brisas Sunset Apartments 1579 North Rio Seco, San Luis 85349	9%	60	59	2016	2032 or 2033	2047 or 2048
Toka Homes II Various On Vista Street, Quijtoa Street, F Street, And A Vant Lot NE Of Greaswood Street, Sells 85634	9%	40	40	2016	2032 or 2033	2047 or 2048
Miracle Point Apartments 375 West Blacklidge, Tucson 85705	9%	40	40	2016	2032 or 2033	2047 or 2048
Rio Viejo Apartments 5418 South Park Avenue, Tucson 85706	4%	101	100	2014	2032 or 2033	2047 or 2048
The Marist On Cathedral Square 111/235 S. Church Avenue, Tucson 85701	9%	83	83	2016	2032 or 2033	2047 or 2048
West End Station 855 West Congress Street, Tucson 85745	9%	70	70	2016	2032 or 2033	2047 or 2048
West Point Apartments 20 East Broadway Boulevard, Tucson 85701	9%	50	50	2016	2032 or 2033	2047 or 2048
Mesa Heights Apartments 2150 South Arizona Avenue, Yuma 85364	9%	58	58	2016	2032 or 2033	2047 or 2048

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, 2029, 2030, 2031.