Year Fifteen
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Placed in service 2009

Mississippi tax credit properties at Year 15 in 2023

HUD's database lists 39 Mississippi properties placed in service in 2009, with 4,331 apartments (4,080 low-income). If the credit period started that year, the 15-year compliance periods ended around 2023, and extended use runs to at least 2038 unless the agreement says later.

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026, projects placed in service through 2024), with HUD's 2024 data dictionary. "Allocated" is the year the agency allocated credits, often a year or more before the property opened. Compliance and extended-use years are estimates from the placed-in-service year; an owner may have started credits a year later, buildings in one project can differ, and extended use shown is the federal minimum; where the agency reported a period over 30 years, it's noted. "No longer monitored" means the agency flagged the property as out of its LIHTC monitoring.
PropertyCreditUnitsLow-incomeAllocatedCompliance endsExtended use at least to
Blue Meadow Apts
752 Blue Meadow Rd, Bay St Louis 39520		TCEP only404020082023 or 20242038 or 2039
Sheffield Park Apts
625 Carroll Ave, Bay St Louis 39520		9%13213120072023 or 20242038 or 2039
Bellemont Gardens
871 Motsie Rd, Biloxi 39532		9%605920082023 or 20242038 or 2039
Brigdewater Park Apts
14104 Big Ridge Rd, Biloxi 39532		9%19819720072023 or 20242038 or 2039
The Gates Of Biloxi
7285 Woolmarket Rd, Biloxi 39532		9%22422220082023 or 20242038 or 2039
Estates At Juan De Cuevas
10472 Gorenflo Rd, Diberville 39540		9%12812720082023 or 20242038 or 2039
Park At Lemoyne Apt
10365 Gorenflo Rd, Diberville 39540		9%16015920062023 or 20242038 or 2039
Timber Grove Apts
10687 Auto Mall Pkwy, Diberville 39540		9%969620062023 or 20242038 or 2039
Goodman Apts
50 Goodman Dr, Goodman 39079		4%242320082023 or 20242038 or 2039
Sundown Gardens
239 Garden Dr, Grenada 38901		4%626220072023 or 20242038 or 2039
Angela Apts
10532 Klein Rd, Gulfport 39503		9%605920062023 or 20242038 or 2039
Baywood Place Apts
1900 Switzer Rd, Gulfport 39507		9%727120082023 or 20242038 or 2039
Crown Hill I
13853 Heatherwood Ln, Gulfport 39503		9%11811820072023 or 20242038 or 2039
Crown Hill II
13937 Firecrest Cv, Gulfport 39503		9%999920082023 or 20242038 or 2039
Regency Way Apts
1400 28th St, Gulfport 39501		9%12011920082023 or 20242038 or 2039
Riverchase Park Apts
11111 Highland Ave, Gulfport 39503		9%21621420072023 or 20242038 or 2039
Thorton Hill
14192 Carlisle Ln, Gulfport 39503		9%11811820072023 or 20242038 or 2039
Three Rivers Landing
13120 Three Rivers Rd, Gulfport 39503		9%17017020082023 or 20242038 or 2039
William Bell Apts
1700 65th Ave, Gulfport 39501		4%10410420072023 or 20242038 or 2039
Cedar Grove
2328 Timber Falls Dr, Jackson 39212		9%15515220062023 or 20242038 or 2039
Commonwealth Village Apts
3930 Skyview Dr, Jackson 39213		4% and 9%20020020072023 or 20242038 or 2039
Forrest Hill Place
2061 Gaites Ln, Jackson 39212		9%16716720062023 or 20242038 or 2039
Hallmark Gardens Apts
987 E Northside Dr, Jackson 39206		4% and 9%969420072023 or 20242038 or 2039
Swinney Apts
599 W Adams St, Kosciusko 39090		4% and 9%474620082023 or 20242038 or 2039
Laurel Gardens I
4 Laurel Garden Dr, Laurel 39440		9%404020062023 or 20242038 or 2039
Laurel Gardens II
100 S Garden Dr, Laurel 39440		9%302920042023 or 20242038 or 2039
Jacob's Crossings
144 Woodgate Dr, Magee 39111		9%454520072023 or 20242038 or 2039
Colonnades
4901 Reilly Rd, Ocean Springs 39564		9%565520062023 or 20242038 or 2039
Highland Springs Apts
8100 Seaman Rd, Ocean Springs 39565		9%969520072023 or 20242038 or 2039
Lexington Park Apts
7350 Tucker Rd, Ocean Springs 39564		9%12011920062023 or 20242038 or 2039
Ocean Estates II
3319 Breakwater Dr, Ocean Springs 39564		9%12012020072023 or 20242038 or 2039
Morrison Village Apts
2503 Old Mobile Ave, Pascagoula 39567		9%12011920062023 or 20242038 or 2039
Taylor Heights Apts
2313 Old Mobile Ave, Pascagoula 39567		9%1448620072023 or 20242038 or 2039
Caffey Apts
12 Caffey Ln, Pickens 39146		4% and 9%363520082023 or 20242038 or 2039
Cedarwood Village
62 Cedarwood Dr, Pickens 39146		9%323220062023 or 20242038 or 2039
Providence Pcc Of Senatobia
700 Moores Xing, Senatobia 38668		9%604820082023 or 20242038 or 2039
Kirkwood Apts/the Glen At Kirkwood
202 Milford St, Tupelo 38801		4%41025620072023 or 20242038 or 2039
Pinecrest Manor
1303 Bloom Pl, Waveland 39576		4% and 9%363620072023 or 20242038 or 2039
Ridge At Waveland
548 Hwy 90, Waveland 39576		9%12011820072023 or 20242038 or 2039

Watch one of these properties

Pick a property and we'll email when it moves closer to Year 15 (inside two years, then inside one) or when HUD's record for it changes in a new release. Every Mississippi property is in the download on the data page.

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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 Mississippi: 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.