Placed in service 2013
Massachusetts tax credit properties at Year 15 in 2027
HUD's database lists 27 Massachusetts properties placed in service in 2013, with 2,312 apartments (127 low-income). If the credit period started that year, the 15-year compliance periods end around 2027, and extended use runs to at least 2042 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Tc Capitol Square 252 Massachusetts Ave, Arlington 02474 | 4% | 32 | n/a | 2011 | 2027 or 2028 | 2042 or 2043 |
| Holcroft Park Homes Phase II 23 Mill St, Beverly 01915 | 9% | 29 | n/a | 2011 | 2027 or 2028 | 2042 or 2043 |
| Jaclen Tower 215 Rantoul St, Beverly 01915 | n/a | 100 | n/a | n/a | 2027 or 2028 | 2042 or 2043 |
| Pleasant St Apts 60 Pleasant St, Beverly 01915 | 9% | 33 | n/a | 2012 | 2027 or 2028 | 2042 or 2043 |
| 225 Centre LLC 225 Centre St, Boston 02124 | 4% | 103 | n/a | 2010 | 2027 or 2028 | 2042 or 2043 |
| Charlesview Redevelopment 370 Western Ave, Boston 02135 | 4% | 240 | n/a | 2011 | 2027 or 2028 | 2042 or 2043 |
| Georgetowne Homes One A 400a Georgetowne Dr, Boston 02136 | 4% | 219 | n/a | 2013 | 2027 or 2028 | 2042 or 2043 |
| Georgetowne Homes One B 400a Georgetowne Dr, Boston 02136 | 4% | 382 | n/a | 2013 | 2027 or 2028 | 2042 or 2043 |
| Jamaica Plain Scattered Sites Coop 3 Buckley Ave, Boston 02130 | 4% | 18 | n/a | 2013 | 2027 or 2028 | 2042 or 2043 |
| Wayne At Blue Hill 1439 Blue Hill Ave, Boston 02126 | 9% | 48 | n/a | 2011 | 2027 or 2028 | 2042 or 2043 |
| State St Acquisition 78 Saints Landing, Brewster 02631 | 4% | 108 | n/a | 2012 | 2027 or 2028 | 2042 or 2043 |
| Cc Station Lofts 124 Montello St, Brockton 02301 | 4% | 25 | n/a | 2012 | 2027 or 2028 | 2042 or 2043 |
| Highland Terrace 47 Gerrish Ave, Chelsea 02150 | 9% | 32 | n/a | 2010 | 2027 or 2028 | 2042 or 2043 |
| Counting House Lofts 109 Jackson St, Lowell 01852 | 9% | 52 | n/a | 2012 | 2027 or 2028 | 2042 or 2043 |
| Tritown Landing Phase II 5 Tri Town Dr, Lunenburg 01462 | TCEP only | 33 | n/a | 2011 | 2027 or 2028 | 2042 or 2043 |
| Summerhill Glen 121 Summer Hill Gln, Maynard 01754 | n/a | 120 | n/a | n/a | 2027 or 2028 | 2042 or 2043 |
| Wilkins Glen 1100 Wilkins Glen Rd, Medfield 02052 | n/a | 103 | n/a | n/a | 2027 or 2028 | 2042 or 2043 |
| Manomet Place 194 Riverside Ave, New Bedford 02746 | 9% | 76 | n/a | 2011 | 2027 or 2028 | 2042 or 2043 |
| Ames Shovel Works Apts 26 N Main St, North Easton 02356 | 9% | 113 | n/a | 2010 | 2027 or 2028 | 2042 or 2043 |
| Paxton Senior Housing 105 Holden Rd, Paxton 01612 | 9% | 50 | n/a | 2012 | 2027 or 2028 | 2042 or 2043 |
| St Joseph & Aposs Redevelopment 135 Lafayette St, Salem 01970 | 9% | 51 | n/a | 2010 | 2027 or 2028 | 2042 or 2043 |
| Concord Heights 4 Federal Ct, Springfield 01105 | 9% | 104 | n/a | 2011 | 2027 or 2028 | 2042 or 2043 |
| Outing Park Apts I 37 Saratoga St, Springfield 01105 | 9% | 94 | n/a | 2012 | 2027 or 2028 | 2042 or 2043 |
| Fairfax Gardens Fairground Ave, Taunton | 9% | 78 | 78 | 2014 | 2027 or 2028 | 2042 or 2043 |
| Maple Ridge Phase II 4 Longfellow Ln, Tyngsboro 01879 | 9% | 24 | 24 | 2011 | 2027 or 2028 | 2042 or 2043 |
| St Joseph & Aposs Hall 2 Rosary Dr, Watertown 02472 | 4% | 25 | 25 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Austin Corridor II 84 Piedmont St, Worcester 01609 | 9% | 20 | n/a | 2011 | 2027 or 2028 | 2042 or 2043 |
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, 2024, 2025, 2026, 2028, 2029, 2030, 2031, 2032.