Placed in service 2018
Mississippi tax credit properties at Year 15 in 2032
HUD's database lists 6 Mississippi properties placed in service in 2018, with 468 apartments (467 low-income). If the credit period started that year, the 15-year compliance periods end around 2032, and extended use runs to at least 2047 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Willow Park Apartments 600 Ritchie, Clarksdale 38614 | 4% and 9% | 80 | 80 | 2018 | 2032 or 2033 | 2047 or 2048 |
| Camellia Apartments 1300 E. Cross Street, Cleveland 38732 | 4% and 9% | 72 | 72 | 2018 | 2032 or 2033 | 2047 or 2048 |
| Eastgate Redevelopment 1100 Cross Street, Cleveland 38732 | 4% | 116 | 116 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Pine View I 707 Airport Road, Houston 38851 | 4% and 9% | 48 | 48 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Pine View II 707 Airport Road, Houston 38851 | 4% and 9% | 48 | 48 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Deville Manor Apartments 1914 11th Street, Meridian 39301 | 4% | 104 | 103 | 2018 | 2032 or 2033 | 2047 or 2048 |
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: 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031.