Placed in service 2015
Maryland tax credit properties at Year 15 in 2029
HUD's database lists 17 Maryland properties placed in service in 2015, with 1,906 apartments (1,876 low-income). If the credit period started that year, the 15-year compliance periods end around 2029, and extended use runs to at least 2044 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Riverwoods At Tollgate 175 Admiral Cochrane Drive, Annapolis 21401 | 9% | 84 | 75 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Basilica Place Apartments 124 West Franklin Street, Baltimore 21201 | 4% | 200 | 200 | 2015 | 2029 or 2030 | 2044 or 2045 |
| Manor South 3617 Fords Ln, Baltimore 21215 | n/a | 90 | 90 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Marlborough Apartments 1701 Eutaw Place, Baltimore 21217 | 4% | 227 | 227 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Lakeview House 10250 Westlake Drive, Bethesda 20817 | 4% | 152 | 152 | 2015 | 2029 or 2030 | 2044 or 2045 |
| Parklands At Cecilton (The) 203 W Main St, Cecilton 21913 | n/a | 62 | 62 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Old Towne Manor 1510a East Old Towne Road, Cumberland 21502 | 4% | 138 | 123 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Resiences At Woodland Springs (The) Atwood St, District Heights | n/a | 36 | 36 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Taney Village 1421 Taney Avenue, Frederick 21702 | 4% | 130 | 130 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Hollins Station [Aka] Hollins Place 4374 Hollins Ferry Rd, Lansdowne 21227 | n/a | 54 | 48 | 2013 | 2029 or 2030 | 2044 or 2045 |
| North Creek Run II Stony Run Creek Road, North East | n/a | 22 | 22 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Riverwoods At Northeast 125 Railroad Rd, North East 21901 | n/a | 76 | 76 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Timbercroft Apartments 67 Timbergrove Road, Owings Mills 21117 | 4% | 284 | 284 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Chapel Springs Senior Apartments 9630 Deitz Place, Perry Hall 21128 | 9% | 127 | 127 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Stewart's Neck Apts 30512 Nutters Ln, Princess Anne 21853 | n/a | 36 | 36 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Rivers Edge Apts [Aka] Studio For The Arts 660, 670, 680 Fitzwater St, Salisbury 21801 | n/a | 90 | 90 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Locust House 30 Locust St, Westminster 21157 | n/a | 98 | 98 | 2013 | 2029 or 2030 | 2044 or 2045 |
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, 2028, 2030, 2031, 2032.