Placed in service 2016
Kentucky tax credit properties at Year 15 in 2030
HUD's database lists 20 Kentucky properties placed in service in 2016, with 988 apartments (980 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 |
|---|---|---|---|---|---|---|
| Easton Place Worth Way (Office), Bowling Green 42101 | 9% | 32 | 32 | 2014 | 2030 or 2031 | 2045 or 2046 agency reports a 15-year period |
| Men's Addiction Recovery Campus Old Louisville Road, Bowling Green 42101 | 9% | 45 | 45 | 2015 | 2030 or 2031 | 2045 or 2046 agency reports a 15-year period |
| Men's Addiction Recovery Campus 1791 Old Louisville Rd, Bowling Green 42101 | n/a | 44 | 45 | 2013 | 2030 or 2031 | 2045 or 2046 |
| Friendship House Of Corbin E. Master Street, Corbin 40701 | 4% and 9% | 40 | 40 | 2014 | 2030 or 2031 | 2045 or 2046 agency reports a 15-year period |
| Rivers Edge At Eastside Pointe - Fka Jacob Price Greenup Street, Covington 41011 | 9% | 120 | 120 | 2013 | 2030 or 2031 | 2045 or 2046 agency reports a 15-year period |
| Goodall Apartments Stanford Avenue, Danville 40422 | 9% | 32 | 32 | 2014 | 2030 or 2031 | 2045 or 2046 agency reports a 15-year period |
| Bedford House Licking Street, Falmouth 41040 | 9% | 48 | 48 | 2014 | 2030 or 2031 | 2045 or 2046 agency reports a 15-year period |
| Bridgeport South Frankfort Revitalization 2014 Bridgeport Road, Frankfort 40601 | 9% | 46 | 46 | 2015 | 2030 or 2031 | 2045 or 2046 agency reports a 15-year period |
| Genesis Recovery Kentucky Center Cw Stevens Boulevard, Grayson 41143 | 9% | 46 | 46 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Genesis Recovery Kentucky Center 400 - 500 Block Of Cw Stevens Blvd, Grayson | n/a | 46 | 46 | 2013 | 2030 or 2031 | 2045 or 2046 |
| Belmont Court Apartments Belmont Street, Harrodsburg 40330 | 4% and 9% | 63 | 63 | 2014 | 2030 or 2031 | 2045 or 2046 agency reports a 15-year period |
| Warm Residences II N. Mckinley, Henderson 42420 | 9% | 32 | 32 | 2014 | 2030 or 2031 | 2045 or 2046 agency reports a 15-year period |
| Friendship House Of Hopkinsville Faulkner Drive, Hopkinsville 42240 | 4% and 9% | 61 | 53 | 2014 | 2030 or 2031 | 2045 or 2046 agency reports a 15-year period |
| Westwood Senior Homes West Seventh Street, Hopkinsville 42240 | 4% and 9% | 48 | 47 | 2014 | 2030 or 2031 | 2045 or 2046 agency reports a 15-year period |
| Trent Senior Village Trent Boulevard, Lexington 40517 | 9% | 54 | 54 | 2015 | 2030 or 2031 | 2045 or 2046 agency reports a 15-year period |
| Sheppard Pcc South Hancock Street, Louisville 40203 | 9% | 32 | 32 | 2015 | 2030 or 2031 | 2045 or 2046 agency reports a 15-year period |
| Madison Towers N. Madison Ave., Richmond 40475 | 4% and 9% | 102 | 102 | 2014 | 2030 or 2031 | 2045 or 2046 agency reports a 15-year period |
| Alco Apartments Moncrief Street, Scottsville 42164 | 4% and 9% | 40 | 40 | 2014 | 2030 or 2031 | 2045 or 2046 agency reports a 15-year period |
| Breas Crossing Squire Circle, Shelbyville 40065 | 9% | 44 | 44 | 2014 | 2030 or 2031 | 2045 or 2046 agency reports a 15-year period |
| Versailles School Apartments South Main Street, Versailles 40383 | 9% | 13 | 13 | 2014 | 2030 or 2031 | 2045 or 2046 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: 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2031, 2032.