Year Fifteen
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Placed in service 2010

Arkansas tax credit properties at Year 15 in 2024

HUD's database lists 14 Arkansas properties placed in service in 2010, with 720 apartments (637 low-income). If the credit period started that year, the 15-year compliance periods ended around 2024, and extended use runs to at least 2039 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
Savannah Park Of Alma
200 Thickins Dr, Alma 72921		TCEP only242419912024 or 20252039 or 2040
Merriwood Apartments
1002 Morning Glory Dr, Bull Shoals 72619		4% and 9%272720042024 or 20252039 or 2040
Park Ridge At Conway Phase III
2015 Rich Smith Ln, Conway 72032		4%483820092024 or 20252039 or 2040
Stone Ridge At Conway II Fka Park Ridge Phase
1960 Richsmith Ln, Conway 72032		9%483820092024 or 20252039 or 2040
North Pointe II
3300 N 6th St, Fort Smith 72904		9%654320092024 or 20252039 or 2040
Valley Estates Of Heber Springs
723 N Van Buren, Heber Springs 72543		TCEP only483820092024 or 20252039 or 2040
Sunset Estates Of Jonesboro
1101 Mays Ln, Jonesboro 72401		TCEP only323120092024 or 20252039 or 2040
Keiser Apartments
305 W Mill, Keiser 72351		4%151420052024 or 20252039 or 2040
Cantrell Heights
6900 Cantrell Rd, Little Rock 72207 · no longer monitored		4%12612620042024 or 20252039 or 2040
Cumberland Manor
2721 S Scott St, Little Rock 72206		9%604220072024 or 20252039 or 2040
Woodbend Apartments
501 Valencia Dr, Maumelle 72113		TCEP only10410420092024 or 20252039 or 2040
Stone Ridge Homes Of Morrilton
404 Legacy Dr, Morrilton 72110		TCEP only333220092024 or 20252039 or 2040
Park Ridge At Texarkana Phase II
601 Price Ln, Texarkana 71854		TCEP only483820092024 or 20252039 or 2040
Brookstone Heights
2300 Kibler Rd, Van Buren 72956		9%424220082024 or 20252039 or 2040

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 Arkansas 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 Arkansas: 2023, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.