Placed in service 2018
Louisiana tax credit properties at Year 15 in 2032
HUD's database lists 16 Louisiana properties placed in service in 2018, with 1,218 apartments (1,128 low-income). If the credit period started that year, the 15-year compliance periods end around 2032, and extended use runs to at least 2047 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Tangi Grove SW Corner Of The Intersection, Amite 70422 | n/a | 45 | 45 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Port Royal Apartments 6430 Airline Highway, Baton Rouge 70805 | n/a | 192 | 192 | n/a | 2032 or 2033 | 2047 or 2048 |
| River South 1358 Glacier Street, Baton Rouge 10802 | n/a | 46 | 36 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Meadows At Arcadia 1210 Crawford Street, Bienville 71001 | n/a | 73 | 73 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Columbia Gardens II Limited Partnership 122 Columbia Gardens Drive, Columbia 71291 | n/a | 24 | 24 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Central Crossing 9282 Central Project Street, Convent 70723 | n/a | 36 | 36 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Convent Trace 6220 Rev. Thomas Scott St., Convent 70723 | n/a | 30 | 30 | 2015 | 2032 or 2033 | 2047 or 2048 |
| 1508 Orleans, LLC 1508 Orleans Avenue, New Orleans 70116 | n/a | 36 | 35 | 2016 | 2032 or 2033 | 2047 or 2048 |
| 1601 Orleans, LLC 1601 Orleans Avenue, New Orleans 70112 | n/a | 33 | 33 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Bastion Phase II 1837 Mirabeau Drive, New Orleans 70122 | n/a | 20 | 12 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Iberville Offsite Rehab 3 827-29 N. Rocheblave, New Orleans 70119 | n/a | 50 | 50 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Iberville On-site Phase V 302 Marais Street, New Orleans 70112 | n/a | 80 | 32 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Iberville On-site Phase VI 301 Marais Street, New Orleans 70112 | n/a | 50 | 50 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Sacred Heart At St. Bernard 1720 St. Bernard Avenue, New Orleans 70116 | n/a | 53 | 44 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Villages Of Versailles 14369 Saigon Drive, New Orleans 70129 | n/a | 400 | 386 | n/a | 2032 or 2033 | 2047 or 2048 |
| Winnsboro Homes II 2004 West Harper, Winnsboro 71295 | n/a | 50 | 50 | 2017 | 2032 or 2033 | 2047 or 2048 |
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, 2030, 2031.