Placed in service 2012
Louisiana tax credit properties at Year 15 in 2026
HUD's database lists 25 Louisiana properties placed in service in 2012, with 1,777 apartments (1,633 low-income). If the credit period started that year, the 15-year compliance periods end this year, and extended use runs to at least 2041 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Autumn Place Townhomes 5656 Mcclelland Drive, Baton Rouge 70805 | n/a | 42 | 42 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Bayou Ridge Apts. (Formerly Wesley Chapel) 10008 Avenue L, Baton Rouge 70807 | n/a | 82 | 82 | 2008 | 2026 or 2027 | 2041 or 2042 |
| Mallard Crossing 11316 Greenwell Springs Rd, Baton Rouge 70814 | n/a | 192 | 192 | 2007 | 2026 or 2027 | 2041 or 2042 |
| Mt. Carmel Gardens 5357 Prescott Road, Baton Rouge 70805 | TCEP only | 28 | 28 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Willow Creek Townhomes 5876 Quida Mae Drive, Baton Rouge 70812 | n/a | 42 | 42 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Woodcrest Apartments 1900 Lobdell Blvd, Baton Rouge 70806 | n/a | 48 | 48 | 2008 | 2026 or 2027 | 2041 or 2042 |
| Cloverdale Plaza Apartments 2213 Shed Road, Bossier City 71111 | 9% | 180 | 180 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Bridgestone I & II Apartments 3852 Hwy 171, Gloster 71030 | TCEP only | 32 | 32 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Barataria Station Apartments II 338 Barataria Ave, Houma 70360 | n/a | 43 | 33 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Joie De Vivre 519 S Pierce Street, Lafayette 70501 | n/a | 72 | 72 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Bayou Bluff 2228 Old Highway 171, Lake Charles 70615 | n/a | 30 | 30 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Havens Of Lake Charles 2331 Power Center Pkwy, Lake Charles 70607 | 9% | 72 | 50 | 2008 | 2026 or 2027 | 2041 or 2042 |
| Kingsley Court 404 Cedar Way, Lake Charles 70601 | n/a | 24 | 24 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Meadow Run 1640 Cajun Drive, Mamou 70554 | 4% and 9% | 47 | 47 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Richardson Place II 250 Seth Davis Drive, Marksville 71351 | TCEP only | 20 | 20 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Bacmonila Gardens Apartments 1522 St. Joseph Street, New Iberia 70560 | 4% and 9% | 150 | 150 | 2010 | 2026 or 2027 | 2041 or 2042 |
| 2222 Tulane Apartments 2222 Tulane Ave, New Orleans 70119 | TCEP only | 60 | 60 | 2009 | 2026 or 2027 | 2041 or 2042 |
| Bw Cooper II 3353 Martin Luther King, Jr. Drive, New Orleans 70125 | 9% | 250 | 175 | 2008 | 2026 or 2027 | 2041 or 2042 |
| Gchp-mlk 1931martin Luther King Jr Blvd, New Orleans 70113 | n/a | 70 | 49 | 2009 | 2026 or 2027 | 2041 or 2042 |
| St Bernard Iib 4100 Duplessis St, New Orleans 70122 | n/a | 48 | 32 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Oak Grove Villas 200 Hospital Rd, Oak Grove 71263 | 4% | 32 | 32 | 1988 | 2026 or 2027 | 2041 or 2042 |
| Arbor Hills Senior Apartments 300 Block Of East Shamrock Ave, Pineville 71360 | n/a | 56 | 56 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Richland Community Centre I 411 Madeline St, Rayville 71269 | n/a | 35 | 35 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Ogilvie Hardware Lofts 217 Jones Street, Shreveport 71101 | 9% | 90 | 90 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Westlake Manor Apartments 1801 Gandy Street, Westlake 70669 | 4% and 9% | 32 | 32 | 2011 | 2026 or 2027 | 2041 or 2042 |
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, 2024, 2025, 2027, 2028, 2029, 2030, 2031, 2032.