Placed in service 2015

Arkansas tax credit properties at Year 15 in 2029

HUD's database lists 13 Arkansas properties placed in service in 2015, with 594 apartments (589 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
Cottages At Conway 1915 Richsmith Ln, Conway 72032	9%	51	50	2013	2029 or 2030	2044 or 2045
Chicot Apartments 604 E Compress St, Eudora 71640	n/a	50	50	2014	2029 or 2030	2044 or 2045
Hillside Apartments 401 N 8th St, Flippin 72634	4%	48	48	2013	2029 or 2030	2044 or 2045
Majestic View Apts 1628 Mountain View Dr, Harrison 72601	9%	40	40	2013	2029 or 2030	2044 or 2045
Preston Apartments 436 Renfroe St, Magnolia 71754	n/a	40	40	2013	2029 or 2030	2044 or 2045
Hicky Garden 785 Hicky Rd, Marianna 72360	n/a	56	56	2014	2029 or 2030	2044 or 2045
Hicky Gardens 785 Hicky Ln, Marianna 72630	4%	56	56	2014	2029 or 2030	2044 or 2045
Cypress Grove Homes Of Mcgehee 300 Ashley St, Mcgehee 71654	4%	36	36	2014	2029 or 2030	2044 or 2045
Garden Walk On 2nd 812 North 2nd, Ozark 72949	n/a	45	44	2013	2029 or 2030	2044 or 2045
Villas Of Searcy 5000 Richsmith Ln, Searcy 72143	n/a	52	51	2013	2029 or 2030	2044 or 2045
Lofts At Texarkana 620 E 3rd St, Texarkana 71854	n/a	47	46	2013	2029 or 2030	2044 or 2045
Cypress Grove - Warren Cypress Grove Street Oak Grove Circle, Warren 71671	n/a	36	36	2014	2029 or 2030	2044 or 2045
Cypress Grove Of Warren 2 Cypress Grove Street, Warren	n/a	37	36	2011	2029 or 2030	2044 or 2045

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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, 2024, 2025, 2026, 2027, 2028, 2030, 2031, 2032.