Placed in service 2009
Kentucky tax credit properties at Year 15 in 2023
HUD's database lists 30 Kentucky properties placed in service in 2009, with 1,912 apartments (1,766 low-income). If the credit period started that year, the 15-year compliance periods ended around 2023, and extended use runs to at least 2038 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Harbor Hill Landsdowne Drive, Ashland 41102 | 9% | 34 | 34 | 2007 | 2023 or 2024 | 2038 or 2039 agency reports a 15-year period |
| Independence Place Apartments Main Avenue, Bowling Green 42101 | 9% | 24 | 24 | 2007 | 2023 or 2024 | 2038 or 2039 agency reports a 15-year period |
| Caleb Cottages Gilbert Street, Corbin 40701 | 9% | 32 | 32 | 2008 | 2023 or 2024 | 2038 or 2039 agency reports a 15-year period |
| Eastside Revitilization II Pleasant Street, Covington 41011 | 9% | 33 | 33 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Panorama Apartments East Brent Spence Square, Covington 41011 | 9% | 104 | 104 | 2005 | 2023 or 2024 | 2038 or 2039 agency reports a 15-year period |
| Griffin Manor Johnstown Road, Elizabethtown 42701 | 9% | 34 | 34 | 2007 | 2023 or 2024 | 2038 or 2039 agency reports a 15-year period |
| Transitions Recovery Kentucky 305 Pleasure Isle Drive, Erlanger 41073 | 9% | 38 | 38 | 2009 | 2023 or 2024 | 2038 or 2039 |
| Harmony Village Apartments Cornwallis Drive, Georgetown 40324 | 9% | 34 | 34 | 2007 | 2023 or 2024 | 2038 or 2039 agency reports a 15-year period |
| St. Joseph Community Apartments Third Street, Henderson 42420 | 9% | 34 | 34 | 2007 | 2023 or 2024 | 2038 or 2039 agency reports a 15-year period |
| Chilewich Apartments Jericho Road, Lagrange 40031 | 9% | 35 | 35 | 2007 | 2023 or 2024 | 2038 or 2039 agency reports a 15-year period |
| Bear Creek Of Leitchfield East Lake Drive, Leitchfield 42754 | 4% and 9% | 24 | 24 | 2008 | 2023 or 2024 | 2038 or 2039 agency reports a 15-year period |
| Falcon Crest Apartments - Lexington Centre Parkway, Lexington 40517 | 9% | 72 | 72 | 2007 | 2023 or 2024 | 2038 or 2039 agency reports a 15-year period |
| First Presbyterian Church Apartments Market Street, Lexington 40507 | 4% and 9% | 10 | 10 | 2008 | 2023 or 2024 | 2038 or 2039 agency reports a 15-year period |
| Brook Street Apartments South Brook Street, Louisville 40203 | 4% and 9% | 37 | 37 | 2008 | 2023 or 2024 | 2038 or 2039 agency reports a 15-year period |
| Clarksdale Rental III Marshall Street, Louisville 40202 | 4% | 146 | 120 | 2009 | 2023 or 2024 | 2038 or 2039 agency reports a 15-year period |
| Clarksdale Rental IV East Jefferson Street, Louisville 40202 | 9% | 73 | 61 | 2007 | 2023 or 2024 | 2038 or 2039 agency reports a 15-year period |
| Coventry Commons II Coventry Commons Drive, Louisville 40216 | 4% and 9% | 72 | 70 | 2008 | 2023 or 2024 | 2038 or 2039 agency reports a 15-year period |
| Franciscan Senior Estates Fern Valley Road, Louisville 40219 | 9% | 54 | 54 | 2007 | 2023 or 2024 | 2038 or 2039 agency reports a 15-year period |
| Overlook Terrace Apartments Glimmer Way, Louisville 40214 | 4% | 144 | 144 | 2009 | 2023 or 2024 | 2038 or 2039 agency reports a 15-year period |
| Partridge Pointe Apartments Dena Drive, Louisville 40215 | 4% | 276 | 263 | 2009 | 2023 or 2024 | 2038 or 2039 agency reports a 15-year period |
| The Healing Place, Inc. South 15th Street, Louisville 40210 | 9% | 68 | 68 | 2007 | 2023 or 2024 | 2038 or 2039 agency reports a 15-year period |
| Whispering Woods Apartments Phase II Tipsy Circle, Louisville 40208 | 9% | 50 | 50 | 2008 | 2023 or 2024 | 2038 or 2039 agency reports a 15-year period |
| City Wide Housing West 8th Street, Newport 41071 | 4% | 100 | 100 | 2008 | 2023 or 2024 | 2038 or 2039 agency reports a 15-year period |
| Horizon Place East 18th Street, Owensboro 42303 | 9% | 34 | 34 | 2007 | 2023 or 2024 | 2038 or 2039 agency reports a 15-year period |
| Independence Heights Strawbridge Place, Owensboro 42301 | 9% | 25 | 24 | 2007 | 2023 or 2024 | 2038 or 2039 agency reports a 15-year period |
| Owensboro Regional Recovery Veach Road, Owensboro 42303 | 9% | 38 | 38 | 2009 | 2023 or 2024 | 2038 or 2039 agency reports a 15-year period |
| Owingsville Senior Apartments West Paul Lewis Drive, Owingsville 40360 | 4% and 9% | 22 | 22 | 2008 | 2023 or 2024 | 2038 or 2039 agency reports a 15-year period |
| Canterbury House Apartments - Southgate Regal Ridge, Southgate 41071 | 4% | 230 | 138 | 2009 | 2023 or 2024 | 2038 or 2039 agency reports a 15-year period |
| Stearns Residence Center Hume Drive, Stearns 42647 | 9% | 24 | 24 | 2007 | 2023 or 2024 | 2038 or 2039 agency reports a 15-year period |
| Oliver School Apartments Oliver Street, Winchester 40391 | 9% | 11 | 11 | 2008 | 2023 or 2024 | 2038 or 2039 agency reports a 15-year period |
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 Kentucky: 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.