Placed in service 2016
Connecticut tax credit properties at Year 15 in 2030
HUD's database lists 8 Connecticut properties placed in service in 2016, with 789 apartments (766 low-income). If the credit period started that year, the 15-year compliance periods end around 2030, and extended use runs to at least 2045 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Crescent Crossing Phase 1-a 252 Hallett Street, Bridgeport 06608 | 4% | 93 | 93 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Zbikowski Park 10 Salladin Road, Also Lillian, Armand, + Rollinson Rds. And Lake Ave., Bristol 06010 | 4% | 90 | 90 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Summit Park 439-441, 443-445, 447-449,459-461 Zion St. And 887-891 + 897-901 Park St., Hartford 06106 | 9% | 42 | 42 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Squire Village 48 Spencer Street, Manchester 06040 | 4% | 379 | 379 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Millport Phase I 33-35 Millport Avenue, New Canaan 06840 | 4% | 33 | 33 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Barton Commons (Fka East Street Apts.) 34 East Street, New Milford 06776 | 9% | 38 | 30 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Avery Park Revitalization (Aka Woodland Springs Phase I) 55 Woodland Springs Drive, Stafford Springs 06076 | 9% | 79 | 71 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Carroll Building 44 Willow Street, Waterbury 06710 | 9% | 35 | 28 | 2013 | 2030 or 2031 | 2045 or 2046 |
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, 2029, 2031, 2032.