Placed in service 2017
Arkansas tax credit properties at Year 15 in 2031
HUD's database lists 16 Arkansas properties placed in service in 2017, with 779 apartments (725 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 |
|---|---|---|---|---|---|---|
| Savannah Park Of Charleston I & II 401 And 701 N Vine, Charleston 72933 | n/a | 52 | 52 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Savannah Park Of Charleston I And II 401 And 701 N Vine, Charleston 72933 | n/a | 52 | 52 | 2014 | 2031 or 2032 | 2046 or 2047 |
| Cottages At Conway Phase II 1905 Richsmith Lane, Conway 72032 | 4% | 40 | 40 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Walnut Lane Apartments 419 Walnut Hill Lane, Cotter 72626 | n/a | 25 | 24 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Westview Arms Apartments 204 Pistachio St, Dumas 71639 | n/a | 60 | 60 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Briarwood Estates At Jonesboro 1699 Patrick St, Jonesboro 72401 | n/a | 41 | 40 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Emerald Village At Jonesboro 1688 Patrick St, Jonesboro 72401 | n/a | 45 | 44 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Ridge Estates Of Jonesboro 1100-1300 Blocks Of N Patrict, Jonesboro 72401 | n/a | 46 | 35 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Cedar Hill Apartments II 839 S Gabbert St, Monticello 71655 | n/a | 60 | 60 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Vineyards At Monticello 125 Midway Route, Monticello 71655 | n/a | 48 | 38 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Vineyards Of Monticello S Main And Midway Route, Monticello 71655 | n/a | 48 | 38 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Ridge At Morrilton 1609 East Harding Dr, Morrilton 72110 | n/a | 48 | 38 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Valley Estates Of Mountain Home Phase II 1020 Bradley Dr, Mountain Home 72653 | n/a | 48 | 38 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Harmony Place 1110 N Pecan, Newport 72112 | 4% | 70 | 70 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Brad Black River Housing 1902 Tramcar Dr, Pocahontas 72455 | 4% | 32 | 32 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Cliffridge Apartments 850 E Eldridge Ave, Wynne 72396 | n/a | 64 | 64 | 2016 | 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 Arkansas: 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2032.