Placed in service 2018
Connecticut tax credit properties at Year 15 in 2032
HUD's database lists 8 Connecticut properties placed in service in 2018, with 494 apartments (439 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 |
|---|---|---|---|---|---|---|
| Liberty Place 8 Liberty Place, Clinton 06413 | 4% | 21 | 21 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Center Village 75 New London Turnpike, Glastonbury 06033 | 4% | 72 | 72 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Hamden Specialty Housing 415 Mather Street, Hamden 06514 | 4% | 77 | 77 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Shepherd Home 112 Bow Lane, Middletown 06457 | 4% | 32 | 32 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Millport Phase II 59 And 61 Millport Avenue, New Canaan 06840 | 4% | 40 | 40 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Beechwood Gardens 600 Whalley Avenue, New Haven 06511 | 4% | 82 | 67 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Washington Village Phase 1 13 + 20 Day Street, Norwalk 06854 | 9% | 80 | 58 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Victoria Gardens 105 Boston Post Road, Waterford 06385 | 9% | 90 | 72 | 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 Connecticut: 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031.