Placed in service 2010
Maryland tax credit properties at Year 15 in 2024
HUD's database lists 18 Maryland properties placed in service in 2010, with 1,823 apartments (1,820 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 |
|---|---|---|---|---|---|---|
| Annapolis Gardens 1832 Bowman Dr, Annapolis 21401 | TCEP only | 150 | 150 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Obery Court Phase I 112 Clay St, Annapolis 21401 | 9% | 50 | 50 | 2008 | 2024 or 2025 | 2039 or 2040 |
| City Arts 440 E Oliver St, Baltimore 21202 | 9% | 69 | 69 | 2009 | 2024 or 2025 | 2039 or 2040 |
| Kirkwood House Apts 6401 Loch Raven Blvd, Baltimore 21239 | 4% | 261 | 261 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Sharp Leadenhall Apts II 911 Leadenhall St, Baltimore 21230 | 9% | 191 | 191 | 2009 | 2024 or 2025 | 2039 or 2040 |
| St Stephens Court Apts 2401 St Stephens Ct, Baltimore 21216 | TCEP only | 72 | 72 | 2010 | 2024 or 2025 | 2039 or 2040 |
| St. Dominis [Aka] John Manley House 5304 Harford Rd, Baltimore 21214 | n/a | 30 | 30 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Calvert Heights 716 High St, Chestertown 21620 | TCEP only | 41 | 40 | 2008 | 2024 or 2025 | 2039 or 2040 |
| William Booth Tower 220 Somerville Ave, Cumberland 21502 | 9% | 114 | 114 | 2010 | 2024 or 2025 | 2039 or 2040 |
| Frederick Revitalization 16 W Seventh St, Frederick 21701 | 4% | 74 | 74 | 2007 | 2024 or 2025 | 2039 or 2040 |
| Braddock's Greene 100 Braddock St, Frostburg 21532 | TCEP only | 50 | 50 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Glenview Gardens Apts 7987 Nolpark Ct, Glen Burnie 21061 | n/a | 204 | 202 | 2009 | 2024 or 2025 | 2039 or 2040 |
| Hammarlee House Apts 20 Hammarlee Rd, Glen Burnie 21060 | n/a | 55 | 55 | 2010 | 2024 or 2025 | 2039 or 2040 |
| Silverwood Farms I 100 Running Brook Way, Prince Frederick 20678 | n/a | 180 | 180 | 1992 | 2024 or 2025 | 2039 or 2040 |
| Somerset Commons 12374 Somerset Ave, Princess Anne 21853 | TCEP only | 60 | 60 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Greens At Liberty Road 9707 Liberty Rd, Randallstown 21133 | n/a | 105 | 105 | 2010 | 2024 or 2025 | 2039 or 2040 |
| Argent Condominium Apts 1200 Blair Mill Rd, Silver Spring 20910 | n/a | 96 | 96 | 2010 | 2024 or 2025 | 2039 or 2040 |
| Gilbert Highlands 8508 Flower Ave, Takoma Park 20912 | TCEP only | 21 | 21 | 2008 | 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 Maryland: 2023, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.