Placed in service 2009
Louisiana tax credit properties at Year 15 in 2023
HUD's database lists 48 Louisiana properties placed in service in 2009, with 4,911 apartments (3,222 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 |
|---|---|---|---|---|---|---|
| Carlyle Place 4305 Carlyle Loop, Alexandria 71302 | 9% | 40 | 40 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Enterprise Place 2401 Jameson Court, Alexandria 71303 | 9% | 36 | 36 | 2009 | 2023 or 2024 | 2038 or 2039 |
| Stratfford Manor 4349 Stratfford Loop, Alexandria 71301 | 9% | 50 | 50 | 2009 | 2023 or 2024 | 2038 or 2039 |
| Cedar Pointe Subdivision 6238 Cedar Pointe Boulevard, Baton Rouge 70812 | 9% | 80 | 80 | 2006 | 2023 or 2024 | 2038 or 2039 |
| Fullerton Estates 3607 J. H. Cooney Drive, Baton Rouge 70805 | n/a | 22 | 22 | 2006 | 2023 or 2024 | 2038 or 2039 |
| Fullerton Estates II 3546 J H Cooney Dr, Baton Rouge 70805 | n/a | 22 | n/a | 2009 | 2023 or 2024 | 2038 or 2039 |
| Jefferson Lakes I Apartments 12400 Jefferson Highway, Baton Rouge 70816 | 4% | 296 | 296 | 1991 | 2023 or 2024 | 2038 or 2039 |
| Santa Rosa Heights 8602 Santa Rosa Avenue, Baton Rouge 70810 | n/a | 38 | 38 | 2007 | 2023 or 2024 | 2038 or 2039 |
| The Reserve At Jefferson Crossing 17232 Jefferson Hwy, Baton Rouge 70817 | 4% | 180 | 180 | 2006 | 2023 or 2024 | 2038 or 2039 |
| Grand Lake Elderly W Side Highway 385, Cameron 70607 | n/a | 30 | 30 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Audrey Heights 172 Audrey Lane, Covington 70435 | n/a | 36 | 36 | 2006 | 2023 or 2024 | 2038 or 2039 |
| Pine Crest 2000 Pine Crest Avenue, Covington 70433 | 9% | 84 | 84 | 2006 | 2023 or 2024 | 2038 or 2039 |
| Ridge Estates Of Hammond 1020 Rich Smith Lane, Hammond 70401 | 9% | 51 | 51 | 2006 | 2023 or 2024 | 2038 or 2039 |
| St. Paul Estates 45221 St. Paul Loop, Hammond 70401 | 9% | 64 | 64 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Valencia Villas I 17011 Jade Court, Hammond 70403 | 4% and 9% | 30 | 30 | 2006 | 2023 or 2024 | 2038 or 2039 |
| Valencia Villas II 17011 Jade Court, Hammond 70403 | 4% and 9% | 30 | 30 | 2006 | 2023 or 2024 | 2038 or 2039 |
| Broadmoor Village 101 Marshoun Road, Independence 70441 | n/a | 24 | 24 | 2006 | 2023 or 2024 | 2038 or 2039 |
| Belvedeere Estates 1500 Belvedeere, Kentwood 70444 | 4% | 24 | 24 | 2006 | 2023 or 2024 | 2038 or 2039 |
| Presley Park 4437 Lake Fairway Dr, Lake Charles 70615 | 9% | 100 | 70 | 2008 | 2023 or 2024 | 2038 or 2039 |
| New Chateau 1521 Ames Blvd, Marrero 70072 | n/a | 98 | 98 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Millers Crossing 102 Michelle Court, Monroe 71202 | 9% | 36 | 36 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Cj Peete III 3320 Clara Street, New Orleans 70115 | 9% | 460 | 23 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Constance Lofts 1041 Constance Street, New Orleans 71030 | n/a | 50 | 23 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Cypress Manor I Apartments 8400 Palmetto Street, New Orleans 70118 | n/a | 50 | 50 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Delille Inn Apartments, LLC 6924 Chef Menteur Hwy, New Orleans 70126 | 9% | 51 | 51 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Filmore Parc I 5172 St. Anthony Ave, New Orleans 70122 · no longer monitored | n/a | 108 | 0 | 2006 | 2023 or 2024 | 2038 or 2039 |
| Filmore Parc II 5172 St. Anthony Avenue, New Orleans 70122 | n/a | 56 | 56 | 2006 | 2023 or 2024 | 2038 or 2039 |
| Georgetown Villages 6419 Derbyshire Drive, New Orleans 70126 | 9% | 80 | 80 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Nazareth Inn I 9630 Haynes Boulevard, New Orleans 70127 | 9% | 150 | 149 | 2008 | 2023 or 2024 | 2038 or 2039 |
| New Savoy I 3711 Agriculture St, New Orleans 70126 | 4% | 158 | 158 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Nine27 Apartments 927 Poeyfarre Street, New Orleans 70130 | n/a | 76 | 16 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Oak Villa Ames Blvd. & Bayou State Sub., New Orleans 70072 · no longer monitored | n/a | 80 | 0 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Rivergarden Cs II 530 St. Andrew, New Orleans 70130 | n/a | 310 | 124 | 2007 | 2023 or 2024 | 2038 or 2039 |
| St. John Berchman's Apartments 3400 Saint Anthony Avenue, New Orleans 70122 | 9% | 150 | 149 | 2008 | 2023 or 2024 | 2038 or 2039 |
| The Crescent Club 3000 Tulane Ave, New Orleans 70119 | n/a | 227 | 92 | 2007 | 2023 or 2024 | 2038 or 2039 |
| The Marquis Apartments 2651 Poydras, New Orleans 70119 | 9% | 250 | 100 | 2007 | 2023 or 2024 | 2038 or 2039 |
| The Meridian (Formerly Jefferson Davis Apartments) 750 S. Jefferson Davis Pkwy, New Orleans 70119 | n/a | 72 | 72 | 2007 | 2023 or 2024 | 2038 or 2039 |
| The Preserve 4301 Tulane Ave, New Orleans 70119 | n/a | 183 | 74 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Walnut Square Apartments 8501 I 10 Service Rd, New Orleans 70127 | n/a | 209 | 84 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Northern Heights 3000 Roy Road, Shreveport 71107 | n/a | 40 | 40 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Northern Heights Homes 3000 Roy Road, Shreveport 71107 | n/a | 40 | 40 | 2006 | 2023 or 2024 | 2038 or 2039 |
| Canterbury House Apartments (Slidell) 301 Spartan Drive, Slidell, Slidell 70458 | 9% | 120 | 120 | 2006 | 2023 or 2024 | 2038 or 2039 |
| Lakeside Apts Oak Harbor/lakeshore Blvd, Slidell 70458 | 4% and 9% | 250 | 100 | 2008 | 2023 or 2024 | 2038 or 2039 |
| North Shore Apartments East Of I-10/north Of Lakeshore Blvd, Slidell 70461 | 9% | 84 | 84 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Hardwood Apts 5982 St B, St Francisville 70775 | TCEP only | 40 | 40 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Sulphur Retirement Community, LLC 503 Cypress Street, Sulphur 70663 | n/a | 60 | 60 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Arbor Place 735 Heritage Avenue, Terrytown 70056 | 4% | 136 | 68 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Sabine Pointe Subdivision Alpic 1201 Sabine Pointe Drive, Vinton 70668 | n/a | 50 | 50 | 2006 | 2023 or 2024 | 2038 or 2039 |
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 Louisiana: 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.