Placed in service 2010
Massachusetts tax credit properties at Year 15 in 2024
HUD's database lists 19 Massachusetts properties placed in service in 2010, with 1,269 apartments (1,072 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 |
|---|---|---|---|---|---|---|
| Centre-creighton Apts 363 Centre St, Boston 02130 | 9% | 36 | 36 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Olmsted Green Rental Housing Phase II 3 Kingbird Rd, Boston 02124 | 9% | 50 | 50 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Woodland Walk 239 Southbridge Rd, Charlton 01507 | 9% | 39 | 39 | 2009 | 2024 or 2025 | 2039 or 2040 |
| New Franklin Park Apts Phase I 128 Adams St, Dorchester 02122 | 9% | 109 | 109 | 2010 | 2024 or 2025 | 2039 or 2040 |
| Hayes Building Phase I 14 Granite St, Haverhill 01832 | 9% | 33 | 33 | 2009 | 2024 or 2025 | 2039 or 2040 |
| Heritage Common 43 Camella Teoli Way, Lawrence 01841 | 9% | 140 | 126 | 2010 | 2024 or 2025 | 2039 or 2040 |
| Sacred Heart Apts 23 Hawley St, Lawrence 01843 | 9% | 44 | 44 | 2010 | 2024 or 2025 | 2039 or 2040 |
| Tri-town Landing One (Lunenberg) 37 Youngs Rd, Lunenburg 01462 | n/a | 66 | 60 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Regency Tower 800 Pleasant St, New Bedford 02740 | 9% | 129 | 33 | 2010 | 2024 or 2025 | 2039 or 2040 |
| Cherry Hill II 128 Ct St, Plymouth 02360 | 9% | 35 | 35 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Thomas I Atkins Apts 225 Blue Hill Ave, Roxbury 02119 | 9% | 48 | 48 | 2007 | 2024 or 2025 | 2039 or 2040 |
| Wilber School 75 S Main St, Sharon 02067 | 4% | 75 | 15 | 2009 | 2024 or 2025 | 2039 or 2040 |
| City View Commons I 4 Federal Ct, Springfield 01105 | 9% | 150 | 150 | 2010 | 2024 or 2025 | 2039 or 2040 |
| Longhill Gardens Apts 61 Longhill St, Springfield 01108 | 9% | 109 | 88 | 2010 | 2024 or 2025 | 2039 or 2040 |
| Worthington House Campus 755 Worthington St, Springfield 01105 | 9% | 92 | 92 | 2010 | 2024 or 2025 | 2039 or 2040 |
| Ywca Transitional Housing 1 Clough St, Springfield 01118 | 9% | 28 | 28 | 2007 | 2024 or 2025 | 2039 or 2040 |
| Village At 815 Main St 815 Main St, Wareham 02571 | TCEP only | 49 | 49 | 2009 | 2024 or 2025 | 2039 or 2040 |
| 1060 Belmont St 1060 Belmont St, Watertown 02472 | TCEP only | 18 | 18 | 2009 | 2024 or 2025 | 2039 or 2040 |
| Elm Street Revitalization (Westfield) 105 Elm St, Westfield 01085 | TCEP only | 19 | 19 | 2007 | 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 Massachusetts: 2023, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.