Placed in service 2017
Florida tax credit properties at Year 15 in 2031
HUD's database lists 24 Florida properties placed in service in 2017, with 1,961 apartments (1,955 low-income). If the credit period started that year, the 15-year compliance periods end around 2031, and extended use runs to at least 2046 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Pointe At Merritt Street 1130 Merritt Street, Altamonte Springs 32701 | 9% | 102 | 102 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Pine Terrace III 2127 Brown St, Callahan 32011 | n/a | 40 | 40 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Clearlake Isles 1546 Clearlake Road, Cocoa 33825 | 9% | 84 | 84 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Villages At Halifax II 101 Rip Collins Drive, Daytona Beach 32114 | 9% | 80 | 80 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Colony Court 801 Mount Homer Rd, Eustis 32726 | n/a | 47 | 47 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Post Oak 995 Citrona Dr, Fernandina Beach 32034 | n/a | 42 | 42 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Wisdom Village Crossing 615 N Andrews Avenue, Ft. Lauderdale 33311 | 9% | 105 | 105 | 2014 | 2031 or 2032 | 2046 or 2047 |
| Majestic Oaks 5800 SW 20th Avenue, Gainesville 32607 | 9% | 172 | 172 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Park At Wellington 4311 Jordana Way, Holiday 34691 | 9% | 110 | 110 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Oakwood Villa 8201 Kona Avenue, Jacksonville 32211 | 4% | 200 | 200 | 2017 | 2031 or 2032 | 2046 or 2047 |
| Caya Place 751 73rd Street Ocean, Marathon 33050 | 9% | 42 | 42 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Hadley Gardens 3031 NW 19th Avenue, Miami 33142 | 4% | 151 | 150 | 2017 | 2031 or 2032 | 2046 or 2047 |
| Smathers II 1025 SW 30th Avenue, Miami 33135 | 4% | 133 | 133 | 2013 | 2031 or 2032 | 2046 or 2047 |
| Wagner Creek 1501 NW 13th Court, Miami 33125 | 9% | 73 | 68 | 2014 | 2031 or 2032 | 2046 or 2047 |
| Jefferson Place 1468 S Waukeenah St, Monticello 32344 | n/a | 37 | 37 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Water Oak 315 Water Oak Cir, Orange City 32763 | n/a | 39 | 39 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Verandas Of Punta Gorda II 24500 Airport Road, Punta Gorda 33950 | 9% | 60 | 60 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Greenwood Terrace 200 Greenwood Cir, Quincy 32351 | n/a | 36 | 36 | 1989 | 2031 or 2032 | 2046 or 2047 |
| New South Bay Villas 845 Palm Beach Road, South Bay 33493 | 4% | 131 | 131 | 2018 | 2031 or 2032 | 2046 or 2047 |
| Inglewood Meadows 4037 New West Nolte Road, St Cloud | n/a | 51 | 51 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Woodland Terrace 4309 New West Nolte Road, St Cloud | n/a | 51 | 51 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Orangewood Villas 220 E Collins St, Umatilla 32784 | n/a | 46 | 46 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Wedgewood - Palm Beach 4921 Wedgewood Way, West Palm Beach 33417 | 9% | 81 | 81 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Village Chase Of Zephyrhills 39216 Village Chase, Zephyrhills 33542 | n/a | 48 | 48 | 2016 | 2031 or 2032 | 2046 or 2047 |
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 Florida: 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2032.