Placed in service 2014
Nebraska tax credit properties at Year 15 in 2028
HUD's database lists 10 Nebraska properties placed in service in 2014, with 497 apartments (478 low-income). If the credit period started that year, the 15-year compliance periods end around 2028, and extended use runs to at least 2043 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Cottage Park Cottage Park Dr. & Matson Dr., Aurora 68818 | 4% | 14 | 14 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Southgate Townhomes 2702-3048 Kansas Drive, Bellevue 68005 | 9% | 200 | 200 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Monument View Villa 712-732 D Street, Gering 69341 | 4% and 9% | 10 | 10 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Heather Estates 2nd Street, Imperial 69033 | 4% and 9% | 10 | 8 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Legend Oaks II 19th Street Place And 18th Str, Lexington 68850 | 4% and 9% | 18 | 18 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Appleton Apartments Phase II 2501-2531 N. 87th Street, Lincoln 68507 | 4% and 9% | 56 | 44 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Glenbrook Townhouses 1600 Knox Street, Lincoln 68521 | 4% and 9% | 90 | 90 | 2014 | 2028 or 2029 | 2043 or 2044 |
| St. Ann Redevelopment 2239 Poppleton Avenue, Omaha 68108 | 4% | 23 | 18 | 2014 | 2028 or 2029 | 2043 or 2044 |
| Stephen Center Permanent Supportive Hou 2723 Q Street, Omaha 68107 | 9% | 62 | 62 | 2013 | 2028 or 2029 | 2043 or 2044 |
| River Road Townhomes Kelsey Lane & Denton Street, Waterloo 68069 | 4% and 9% | 14 | 14 | 2013 | 2028 or 2029 | 2043 or 2044 |
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 Nebraska: 2023, 2024, 2025, 2026, 2027, 2029, 2030, 2031, 2032.