Placed in service 2014
Maryland tax credit properties at Year 15 in 2028
HUD's database lists 19 Maryland properties placed in service in 2014, with 1,527 apartments (1,484 low-income). If the credit period started that year, the 15-year compliance periods end around 2028, and extended use runs to at least 2043 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Barclay Phase II 400 E 20th St, Baltimore 21218 | n/a | 69 | 69 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Bon Secours Benet House 400 Millington Ave, Baltimore 21223 | n/a | 101 | 101 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Columbus School Apts 2000 E N Ave, Baltimore 21213 | n/a | 50 | 50 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Fells Point Station 1621 Bank St, Baltimore 21231 | n/a | 47 | 47 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Greens At Logan Field 3455 Dundalk Ave, Baltimore 21222 | n/a | 102 | 102 | 2012 | 2028 or 2029 | 2043 or 2044 |
| O'donnell Townhomes 6349 Boston St, Baltimore 21224 | n/a | 76 | 76 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Penn Square II [Aka] Fulton Gethesemane II 2600 Pennsylvania Ave, Baltimore 21217 | n/a | 60 | 60 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Barclay Square Phase II (A) 400 Thru 428 East 20th And Worsley, Baltimore City 21218 | n/a | 67 | 69 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Seton Village 333 S Seton Ave, Emmitsburg 21727 | n/a | 43 | 43 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Oakwood Family Homes 8015 Foxridge Ln, Glen Burnie 21061 | n/a | 22 | 22 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Residences At The Hampstead School 1211 N Main St, Hampstead 21074 | n/a | 52 | 52 | 2014 | 2028 or 2029 | 2043 or 2044 |
| Ross Overlook Apts 1507 Ray Rd, Hyattsville 20782 | n/a | 186 | 186 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Greens At English Consul 4120 Oak Rd, Lansdowne 21227 | n/a | 90 | 90 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Spring Valley Apts 46533 Valley Ct, Lexington Park 20653 | n/a | 128 | 103 | 2014 | 2028 or 2029 | 2043 or 2044 |
| North East Apts LLC [Aka] North East Crossing Razor Strap, North East | n/a | 72 | 72 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Leonard Apts 800 Booth St, Salisbury 21801 | n/a | 66 | 66 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Tanglewood Apts And Sligo Hills Apts 8902 Manchester Rd, Silver Spring 20901 | n/a | 132 | 132 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Riverwoods At St Michaels 109 Mitchell St, St Michaels 21663 | n/a | 39 | 39 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Parkview Towers 7667 Maple Ave, Takoma Park 20912 | n/a | 125 | 105 | 2012 | 2028 or 2029 | 2043 or 2044 |
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, 2024, 2025, 2026, 2027, 2029, 2030, 2031, 2032.