Placed in service 2015
Connecticut tax credit properties at Year 15 in 2029
HUD's database lists 13 Connecticut properties placed in service in 2015, with 1,098 apartments (1,046 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.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Augustana Homes 525 Palisade Avenue, Bridgeport 06904 | 4% | 186 | 184 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Laurelwood Place Apartments 585 Norman Street, Bridgeport 06605 | 4% | 102 | 102 | 2014 | 2029 or 2030 | 2044 or 2045 |
| St Pauls Commons 1475 B Noble Avenue + 1768 Boston Avenue, Bridgeport 06610 | 9% | 56 | 56 | 2013 | 2029 or 2030 | 2044 or 2045 |
| The Residences At Laurel Hill 40-64 Laurel Road, Brookfield 06804 | 4% | 72 | 72 | 2012 | 2029 or 2030 | 2044 or 2045 |
| Stonington Acres 134-186 Stonington Street, Hartford 06106 | 9% | 50 | 40 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Berger Apartments 135 Derby Avenue, New Haven 06511 | 4% | 144 | 144 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Mohican Historic Apts. 281 State St., New London 06320 | 4% | 146 | 145 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Ojakian Commons 100 Casterbridge Crossing Lot C, Dorset Crossing, Simsbury 06070 | 9% | 48 | 47 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Palmers Square 26 Palmers Hill, Stamford 06902 | TCEP only | 76 | 46 | 2009 | 2029 or 2030 | 2044 or 2045 |
| Loom City Lofts 215 East Main Street, Vernon 06066 | 4% | 68 | 60 | 2012 | 2029 or 2030 | 2044 or 2045 |
| Frost Homestead 16 Mortimer Street (Aka 37 Enoch Street), Waterbury 06705 | 4% | 63 | 63 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Liberty Commons 619-629 South Main St. 24-30 East Liberty St., Waterbury 06903 | 9% | 33 | 33 | 1995 | 2029 or 2030 | 2044 or 2045 |
| Sasco Creek Village 1655 Post Road East, Westport 06880 | 4% | 54 | 54 | 2013 | 2029 or 2030 | 2044 or 2045 |
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: 2023, 2024, 2025, 2026, 2027, 2028, 2030, 2031, 2032.