Placed in service 2016
Nebraska tax credit properties at Year 15 in 2030
HUD's database lists 12 Nebraska properties placed in service in 2016, with 681 apartments (677 low-income). If the credit period started that year, the 15-year compliance periods end around 2030, and extended use runs to at least 2045 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Wilderness Falls II 3101 - 3116 Victory Way, Falls City 68355 | 4% | 14 | 14 | 2016 | 2030 or 2031 | 2045 or 2046 |
| Victory Place 2325 North Broadwell, Grand Island 68803 | 9% | 26 | 26 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Windhaven Estates 1501-1617 12th Avenue, Holdrege 68949 | 9% | 16 | 16 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Judy Meadows 75 Lacrosse Drive #A-#n, #Q-#t, Kearney 68845 | 9% | 18 | 15 | 2016 | 2030 or 2031 | 2045 or 2046 |
| Heritage Gardens Scattered Site, Lexington 69101 | 9% | 32 | 32 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Bluffs At Cherry Hills 6520-6538 N 107th Plaza, Omaha 68122 | 4% | 196 | 196 | 2016 | 2030 or 2031 | 2045 or 2046 |
| Cypress Pointe II 6015 & 6025 Hartman, Omaha 68104 | 4% | 80 | 80 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Lofts On 24 3101 S. 24th Street, Omaha 68108 | 4% | 20 | 20 | 2016 | 2030 or 2031 | 2045 or 2046 |
| Nfw 4847 Sahler Street, Omaha 68104 | 9% | 24 | 24 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Pine Tree Scattered Addresses, Omaha 68114 | 4% | 198 | 198 | 2016 | 2030 or 2031 | 2045 or 2046 |
| Prospect Village Scattered Addresses, Omaha 68111 | 9% | 30 | 30 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Lptc Residential Complex 506 Reuben Snake Avenue, Winnebago 68071 | 9% | 27 | 26 | 2015 | 2030 or 2031 | 2045 or 2046 |
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, 2028, 2029, 2031, 2032.