Placed in service 2016
Louisiana tax credit properties at Year 15 in 2030
HUD's database lists 11 Louisiana properties placed in service in 2016, with 870 apartments (796 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 |
|---|---|---|---|---|---|---|
| Choctaw Lodge 4115, 4150, And 4202 Mohican-presscot Crossover, Baton Rouge | n/a | 92 | 92 | n/a | 2030 or 2031 | 2045 or 2046 |
| Cypress Springs Senior Apartments 5140 Hooper Road, Baton Rouge 70811 | n/a | 144 | 144 | n/a | 2030 or 2031 | 2045 or 2046 |
| D'ville Village Apartments 424 Lessard St., Donaldsonville 70346 | n/a | 100 | 100 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Riverview Apartments 811 Catalpa St, Donaldsonville 70346 | n/a | 50 | 50 | 2014 | 2030 or 2031 | 2045 or 2046 |
| High School Park 1626 2nd St, Lake Charles 70601 | n/a | 50 | 40 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Pleasant Trinity Estates 100 Tillman Drive, Monroe 71202 | n/a | 50 | 50 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Cypress Parc 6840 Cindy Place, New Orleans 70127 | 9% | 62 | 62 | 2012 | 2030 or 2031 | 2045 or 2046 |
| Iberville On-site Phase III 303 Basin St, New Orleans 70112 | n/a | 105 | 42 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Pecan Ridge Phase I 1225 Bayou Maria Rd. At The In, Pineville 71360 | n/a | 48 | 48 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Pecan Villa Senior Housing 611 South Bonner Street, Ruston 71270 | n/a | 61 | 60 | 2013 | 2030 or 2031 | 2045 or 2046 |
| Cooper Road Plaza Apartments 2929 Peach Street, Shreveport 71101 | n/a | 108 | 108 | 2014 | 2030 or 2031 | 2045 or 2046 |
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, 2027, 2028, 2029, 2031, 2032.