Placed in service 2018
Kansas tax credit properties at Year 15 in 2032
HUD's database lists 9 Kansas properties placed in service in 2018, with 345 apartments (331 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 |
|---|---|---|---|---|---|---|
| Broadstone Villas Apartments II 5700 N Lycee Street, Bel Aire 67226 | 9% | 60 | 54 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Whittier Place 1002 Whittier Street, Emporia 66801 | 9% | 36 | 36 | 2018 | 2032 or 2033 | 2047 or 2048 |
| Kensington Square 2611 A&b 29th Street, Great Bend 67530 | 9% | 16 | 16 | 2018 | 2032 or 2033 | 2047 or 2048 |
| Prairie Fire Residences 1736 Paddington Circle, Newton 67114 | 9% | 57 | 50 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Paola Seniors II 900 N Hospital Drive, Paola 66071 | 9% | 42 | 42 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Sunflower Gardens III 470 N Emporia Ave, Valley Center 67147 | 9% | 28 | 27 | 2018 | 2032 or 2033 | 2047 or 2048 |
| Delaware Place 1600 Linn, Valley Falls 66088 | 9% | 12 | 12 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Funston Independent Senior Living 3410 E. Funston Street, Wichita 67218 | 9% | 22 | 22 | 2016 | 2032 or 2033 | 2047 or 2048 |
| South Creek Apartments Or Peaceful Village Apartments 3703-3809 Ross Parkway, Wichita 67210 | 9% | 72 | 72 | 2017 | 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 Kansas: 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031.