Placed in service 2010
Louisiana tax credit properties at Year 15 in 2024
HUD's database lists 31 Louisiana properties placed in service in 2010, with 2,608 apartments (2,047 low-income). If the credit period started that year, the 15-year compliance periods ended around 2024, and extended use runs to at least 2039 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Hideaway Crossing 5321 Hideaway Drive, Alexandria 71303 | n/a | 35 | 35 | 2007 | 2024 or 2025 | 2039 or 2040 |
| Hideaway Crossing II 2014 Orchard Street, Alexandria 71303 | 9% | 40 | 40 | 2006 | 2024 or 2025 | 2039 or 2040 |
| Oakwood Terrace Subdivision 6238 Cedar Pointe Boulevard, Baton Rouge 70812 | 9% | 60 | 59 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Red River Seniors 914 E Carrol St, Coushatta 71019 · no longer monitored | TCEP only | 32 | 32 | 2010 | 2024 or 2025 | 2039 or 2040 |
| Palmetto Greens 900 Emerald Forest Boulevard, Covington 70433 | 9% | 144 | 86 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Gibsland Seniors Apartments 1934 Pearl Street, Gibsland 71028 | TCEP only | 32 | 32 | 1993 | 2024 or 2025 | 2039 or 2040 |
| Bonne Terre Village II 216 Barataria Street, Houma 70360 | 9% | 64 | 38 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Jonesboro Villas 300 Leon Drive, Jonesboro 71251 | TCEP only | 32 | 32 | 2010 | 2024 or 2025 | 2039 or 2040 |
| Villages Of Lake Charles 661 Dixy Drive, Lake Charles 70601 | n/a | 119 | 119 | 2006 | 2024 or 2025 | 2039 or 2040 |
| Desoto Plaza Apartments 193 Oakhill Road, Mansfield 71052 | TCEP only | 32 | 32 | 2009 | 2024 or 2025 | 2039 or 2040 |
| Oakhill Plaza Apartments 261 Oak Hill Rd, Mansfield 71052 | TCEP only | 32 | 32 | 1990 | 2024 or 2025 | 2039 or 2040 |
| Richardson Palce 108 Seth Davis Drive, Marksville 71351 | TCEP only | 30 | 30 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Villages Of Standifer 100 Meredith Street, Monroe 71202 | n/a | 35 | 35 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Cgh New Orleans I 1701 S Rampart Street, New Orleans 70116 | n/a | 35 | 35 | 2009 | 2024 or 2025 | 2039 or 2040 |
| Eleven 37 Apts 1137 Esplanade Ave, New Orleans 70118 | 9% | 49 | 21 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Elmwood Homes 3901 Elmwood Park Drive, New Orleans 70114 | 4% and 9% | 40 | 40 | 2006 | 2024 or 2025 | 2039 or 2040 |
| Elysian Courtyards Of Gentilly (Chateau Carre) 3000 Gentilly Blvd., New Orleans 70122 | 9% | 150 | 62 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Georgetown Manor 6419 Derbyshire Drive, New Orleans 70126 | 4% and 9% | 50 | 49 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Indiana Homes Indiana Ave, New Orleans 70131 | 4% and 9% | 60 | 60 | 2013 | 2024 or 2025 | 2039 or 2040 |
| Lafitte Redevelopment Blocks 5-7 2200 Lafitte Street, New Orleans 70119 | 9% | 142 | 142 | 2008 | 2024 or 2025 | 2039 or 2040 |
| New Savoy Place II 3800 Desire Parkway, New Orleans 70126 | 9% | 160 | 160 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Old Morrison Homes Aka Pines Village Homes Pines Village Subdivision, New Orleans 70128 | 9% | 38 | 38 | 2007 | 2024 or 2025 | 2039 or 2040 |
| Orleans Place 3935 Jennifer Street, New Orleans 70131 | 4% and 9% | 60 | 60 | 2007 | 2024 or 2025 | 2039 or 2040 |
| St Bernard I 1400 Milton Street, New Orleans 70122 | n/a | 466 | 310 | 2008 | 2024 or 2025 | 2039 or 2040 |
| The Muses 1740 Barrone Street, New Orleans 70113 | 9% | 211 | 80 | 2007 | 2024 or 2025 | 2039 or 2040 |
| The Terraces On Tulane 3615 Tulane Avenue, New Orleans 70119 | 9% | 200 | 200 | 2007 | 2024 or 2025 | 2039 or 2040 |
| Tulane Sr. Housing/st. Michael 3433 Tulane Ave, New Orleans 70119 | n/a | 60 | 60 | 2007 | 2024 or 2025 | 2039 or 2040 |
| St. Landry Crossing I 1230 Mccarthy Lane, Opelousas 70570 | 9% | 40 | 40 | 2007 | 2024 or 2025 | 2039 or 2040 |
| Plumtree Acres 9 Plum Tree Drive, Rayville 71269 | 9% | 40 | 40 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Monet Acres II 1030 James Drive, Sulphur 70665 | 9% | 60 | 24 | 2007 | 2024 or 2025 | 2039 or 2040 |
| Renoir Acres II 950 Addie Drive, Sulphur 70665 | 9% | 60 | 24 | 2007 | 2024 or 2025 | 2039 or 2040 |
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: 2023, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.