Placed in service 2009
Colorado tax credit properties at Year 15 in 2023
HUD's database lists 17 Colorado properties placed in service in 2009, with 1,124 apartments (1,043 low-income). If the credit period started that year, the 15-year compliance periods ended around 2023, and extended use runs to at least 2038 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| North Park I Redo 1401 Washington St Lot 3, Canon City 81212 | n/a | 15 | 14 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Residences At Skyway Park 886 Arcturus Dr, Colorado Springs 80905 | n/a | 44 | 22 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Conter Estates Senior Apts II 6600 E 60th Pl, Commerce City 80022 | 9% | 39 | 39 | 2009 | 2023 or 2024 | 2038 or 2039 |
| Villas At The Bluff 14th & Bluff St, Delta | 9% | 48 | 48 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Aromor Apts 1309 N Grant St, Denver 80203 | 9% | 66 | 66 | 2009 | 2023 or 2024 | 2038 or 2039 |
| Benedict Park Place 3b 305 Park Ave W, Denver 80205 | n/a | 91 | 63 | 2006 | 2023 or 2024 | 2038 or 2039 |
| Broadway Junction 1165 S Broadway, Denver 80210 | 9% | 60 | 60 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Casa De Rosal 735 Vrain St, Denver 80204 | 9% | 55 | 54 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Colorado Commons 1601 Colorado Blvd, Denver 80220 · no longer monitored | 9% | 112 | 112 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Cornerstone Residences 1001 Park Ave W, Denver 80205 | 9% | 51 | 50 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Park Avenue 4b 2215 Ct Pl, Denver 80205 | 9% | 89 | 62 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Renaissance Riverfront Lofts 3400 Park Ave W, Denver 80216 | n/a | 100 | 99 | 2006 | 2023 or 2024 | 2038 or 2039 |
| Village On Stanford 2613 Stanford Rd, Fort Collins 80525 | 9% | 82 | 82 | 2009 | 2023 or 2024 | 2038 or 2039 |
| Arbor Vista 515 Ct Rd, Grand Junction 81501 | 9% | 72 | 72 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Maplewood Apts 856 S Van Gordon Ct, Lakewood 80228 | 9% | 132 | 132 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Sunshine Peak Apts II 748 Cedar Creek Ave, Montrose 81401 | 9% | 43 | 43 | 2009 | 2023 or 2024 | 2038 or 2039 |
| Ashwood Apts 1405 E 21st St, Pueblo 81001 | 9% | 25 | 25 | 2008 | 2023 or 2024 | 2038 or 2039 |
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 Colorado: 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.