Placed in service 2013
Louisiana tax credit properties at Year 15 in 2027
HUD's database lists 29 Louisiana properties placed in service in 2013, with 1,621 apartments (1,589 low-income). If the credit period started that year, the 15-year compliance periods end around 2027, and extended use runs to at least 2042 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Hillview Homes 490 Meredith Street, Bastrop 71220 | n/a | 38 | 38 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Timberland Terrace 1111 Timberland Terrace Drive, Bastrop 71220 | n/a | 32 | 32 | 1999 | 2027 or 2028 | 2042 or 2043 |
| Belt Line Townhomes (Formerly Gchp-midcity) 1854 North Street, Baton Rouge 70802 | n/a | 32 | 32 | 2012 | 2027 or 2028 | 2042 or 2043 |
| The Corona (Formerly 1854 North Street) 1854 North Street, Baton Rouge 70802 | n/a | 37 | 37 | 2011 | 2027 or 2028 | 2042 or 2043 |
| The Elysian North 13th Street & Spanish Town Road, Baton Rouge 70802 | n/a | 100 | 75 | 2010 | 2027 or 2028 | 2042 or 2043 |
| The Garden Senior Apartments 4949 Hooper Road, Baton Rouge 70811 | n/a | 55 | 55 | 2010 | 2027 or 2028 | 2042 or 2043 |
| Churchill Apartments 109 Darbonne Street, Church Point | n/a | 31 | 31 | 2013 | 2027 or 2028 | 2042 or 2043 |
| Cottonwood I Apartments 1008 Cottonwood Loop, Cottonport 71327 | n/a | 24 | 24 | 2013 | 2027 or 2028 | 2042 or 2043 |
| Brentwood Apartments 1000 Williams Ave, Eunice · no longer monitored | n/a | 32 | 31 | 2013 | 2027 or 2028 | 2042 or 2043 |
| Mansfield Estates Intersection Of Stadium Dr And King Street, Grambling 71245 | n/a | 34 | 34 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Cyrus Homes 939 Mckinley Street, Jennings 70546 | n/a | 32 | 32 | n/a | 2027 or 2028 | 2042 or 2043 |
| Booker T Washington Homes 469 Chandler, Lake Charles 70601 | n/a | 46 | 46 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Logansport Seniors Apartments 101 Bogle Road, Logansport 71049 | n/a | 32 | 32 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Marion Manor Apartments 103 Stewart Street, Marion | n/a | 32 | 32 | 2013 | 2027 or 2028 | 2042 or 2043 |
| Tunica Estates Apartments 920 Tunica Drive West, Marksville 71351 | n/a | 17 | 17 | 2013 | 2027 or 2028 | 2042 or 2043 |
| 141 Lofts 141 Desiard St, Monroe 71201 | n/a | 67 | 61 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Byers Estates IV 2501 Wildflower St, Monroe 71202 | n/a | 44 | 44 | 2011 | 2027 or 2028 | 2042 or 2043 |
| 2101 Louisiana Ave Dba Williams Building 2101 Louisiana, New Orleans 70115 | n/a | 42 | 42 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Garden Oaks Tower 3200 Garden Oaks Drive, New Orleans 70114 | 4% | 98 | 98 | 2010 | 2027 or 2028 | 2042 or 2043 |
| Jackson's Landing North 3065 Garden Oaks Dr, New Orleans 70114 | n/a | 272 | 272 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Lasalle Apartments 1113-1117 Canal Street, New Orleans 70112 | n/a | 32 | 32 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Katherine Square Apartments 250 N 14th Street, Port Allen 70767 | 4% and 9% | 60 | 60 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Richland Community Centre 411 Madeline Street, Rayville 71269 | n/a | 35 | 35 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Edgewood Square Aparment 713 North Mcdonald Avenue, Ruston 71270 | 4% and 9% | 60 | 60 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Cypress Landing 4715 Shreveport Blanchard Highway, Shreveport 71107 | n/a | 124 | 124 | 2012 | 2027 or 2028 | 2042 or 2043 |
| New Zion Apartments 4345 Illinois Ave, Shreveport 71109 | n/a | 100 | 100 | n/a | 2027 or 2028 | 2042 or 2043 |
| Blooms Apartments 102 Snyder Street, Tallulah 71282 | n/a | 30 | 30 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Gary Street Village 1010 Lavender Drive, Winnsboro 71295 | n/a | 35 | 35 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Northbrooks Apratments 2002 Martin Luther King Extension, Winnsboro 71295 | 9% | 48 | 48 | 2012 | 2027 or 2028 | 2042 or 2043 |
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, 2026, 2028, 2029, 2030, 2031, 2032.