Placed in service 2018
Arkansas tax credit properties at Year 15 in 2032
HUD's database lists 14 Arkansas properties placed in service in 2018, with 767 apartments (742 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.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Carroll House Apartments 403 Smalley St, Berryville 72616 | n/a | 64 | 64 | 2016 | 2032 or 2033 | 2047 or 2048 |
| White River Apartments 2900 Marion Drive, Diaz 72112 | n/a | 64 | 64 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Nantucket Apts Fka Fayetteville Sr. Cit 611 E Nantucket Dr, Fayetteville 72702 | n/a | 51 | 51 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Cypress Grove Of Lake Village 188 Cypress Street, Lake Village | 9% | 37 | 36 | 2011 | 2032 or 2033 | 2047 or 2048 |
| Chapel Oaks Apartments 211 E Raney Ave, Mc Crory 72101 | n/a | 60 | 60 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Riverwood Village At Russelville 1500 E 16th St, Russellville 72802 | n/a | 72 | 71 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Colony Square At Springdale Phase I 1322 Aq Circle, Springdale 72764 | n/a | 64 | 63 | 2018 | 2032 or 2033 | 2047 or 2048 |
| Colony Square At Springdale Phase II 1322 Aq Circle, Springdale 72764 | n/a | 56 | 55 | 2018 | 2032 or 2033 | 2047 or 2048 |
| Stuttgart Apartments I 514 W 1st St, Stuttgart 72160 | n/a | 56 | 56 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Stuttgart Apartments II 610 W 2nd St, Stuttgart 72160 | n/a | 56 | 56 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Texarkana Rad Housing Alliance 2 911 Ferguson St, Texarkana 71854 | n/a | 55 | 55 | 2021 | 2032 or 2033 | 2047 or 2048 |
| Stonebrook Park II Van Buren 207 North 38th Street, Van Buren 72956 | 4% | 30 | 24 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Larkspur Gardens 109 S Larkspur Lane, Walnut Ridge 72476 | n/a | 30 | 30 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Barton Court Phase II 2313 Wheeler Avenue, West Memphis 72301 | n/a | 72 | 57 | 2016 | 2032 or 2033 | 2047 or 2048 |
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, 2031.