Placed in service 2018
Nebraska tax credit properties at Year 15 in 2032
HUD's database lists 11 Nebraska properties placed in service in 2018, with 376 apartments (361 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 |
|---|---|---|---|---|---|---|
| Sabata Estates Scattered On 12th Street, David City 68632 | 9% | 12 | 12 | 2016 | 2032 or 2033 | 2047 or 2048 |
| The Brewery Lofts 219 And 227 West 2nd Street, Hastings 68901 | 9% | 35 | 35 | 2016 | 2032 or 2033 | 2047 or 2048 |
| The Row In Lexington 601-719 Eisenhower, Lexington 68850 | 9% | 20 | 18 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Skyline Apartments 1204 West Norfolk Avenue, Norfolk 68701 | 9% | 92 | 92 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Adams Park Senior Cottages I 2702-2731 N 36th Ct, Omaha 68111 | 9% | 18 | 16 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Ames Row Houses 5801, 5807 And 5815 Fowler Ave, Omaha 68104 | 9% | 12 | 12 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Highlander Phase I 30th And Patrick, Omaha 68111 | 4% | 62 | 62 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Sorensen Heights Apartments 5425 Mary Street, Omaha 68152 | 9% | 75 | 67 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Jack Estates Scattered Addresses, Waverly 68462 | 9% | 15 | 15 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Southview Estates 201-312 South Sherman, Wayne 68787 | 9% | 20 | 20 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Wayne Crown II (A) & (B) Scattered, Wayne 68787 | 9% | 15 | 12 | 2017 | 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 Nebraska: 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031.