Placed in service 2009
Connecticut tax credit properties at Year 15 in 2023
HUD's database lists 8 Connecticut properties placed in service in 2009, with 629 apartments (557 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 |
|---|---|---|---|---|---|---|
| Bridgeport Elderly Apts 2400 N Ave, Bridgeport 06604 | 4% | 85 | 85 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Samuels Court Apts 5 Scuppo Rd, Danbury 06811 | 9% | 28 | 28 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Hollander Building 410 Asylum St, Hartford 06103 | 4% | 70 | 56 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Rha Modernization 51 Prospect Rdg, Ridgefield 06877 | 9% | 132 | 131 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Woodcrest Elderly 63 Battle St, Somers 06071 | 9% | 86 | 86 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Kelly Road 25 Gerber Rd E, South Windsor | 9% | 88 | 66 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Fairgate 90 Fairfield Ave, Stamford 06902 | 9% | 90 | 55 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Stamford Metro Green Apts LLC 84 Henry St, Stamford 06902 | 9% | 50 | 50 | 2007 | 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 Connecticut: 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.