Placed in service 2017
Nebraska tax credit properties at Year 15 in 2031
HUD's database lists 9 Nebraska properties placed in service in 2017, with 304 apartments (287 low-income). If the credit period started that year, the 15-year compliance periods end around 2031, and extended use runs to at least 2046 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Fountain Springs Estates 2709-2841 Fountain Springs Dr, Fremont 68025 | 9% | 32 | 32 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Eastside Estates 1202 - 1354 N. Minnesota Ave, Hastings 68901 | 9% | 28 | 28 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Victory Park Veterans Residence 600 South 70th Street, Lincoln 68510 | 9% | 70 | 70 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Quillan Courts 1610 West 9th, Mccook 69001 | 9% | 16 | 16 | 2017 | 2031 or 2032 | 2046 or 2047 |
| Parkland Estates II 3920 - 4011west Parkland Court, North Platte 69101 | 9% | 10 | 10 | 2016 | 2031 or 2032 | 2046 or 2047 |
| 3612 Cuming Street Project 3612 Cuming Street, Omaha 68131 | 9% | 49 | 33 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Kidder Heights 4502 S 60th St, Omaha 68117 | 9% | 62 | 62 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Sheltering Tree Community Phase 2 7220 Ames Circle, Omaha 68134 | 9% | 23 | 22 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Kracl Meadows 601 - 803 W. 22nd Street, Schuyler 68661 | 9% | 14 | 14 | 2016 | 2031 or 2032 | 2046 or 2047 |
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, 2030, 2032.