Placed in service 2010
Nevada tax credit properties at Year 15 in 2024
HUD's database lists 11 Nevada properties placed in service in 2010, with 875 apartments (858 low-income). If the credit period started that year, the 15-year compliance periods ended around 2024, and extended use runs to at least 2039 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Foothill Gardens Apts 1770 Russell Way, Carson City 89706 | 4% and 9% | 100 | 99 | 2010 | 2024 or 2025 | 2039 or 2040 |
| Decatur Pines 6725 N Decatur Blvd, Las Vegas 89131 | 4% and 9% | 75 | 75 | 2010 | 2024 or 2025 | 2039 or 2040 |
| Ethel Mae Robinson Senior Apts 900 W Monroe, Las Vegas 89106 | 4% and 9% | 20 | 20 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Mcknight Senior Village II 651 Mcknight Street, Las Vegas 89101 | TCEP only | 78 | 66 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Westcliff Pines 8206 Silver Sky Drive, Las Vegas 89145 | 4% and 9% | 40 | 40 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Vintage At Laughlin 2250 Cougar Drive, Laughlin 89029 | TCEP only | 150 | 149 | 2009 | 2024 or 2025 | 2039 or 2040 |
| Vista Creek Apts 2220 Cougar Drive, Laughlin 89029 | TCEP only | 300 | 298 | 2009 | 2024 or 2025 | 2039 or 2040 |
| Mahogany Court 894 Mahogany Drive, Minden | TCEP only | 20 | 20 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Mahogany Court Mahogany Drive, Minden 89423 | 4% and 9% | 21 | 20 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Autumn Village Apts 195 Gentry Way, Reno 89502 | TCEP only | 43 | 43 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Humboldt Pines - Elderly 1310 Hanson Street, Winnemucca 89445 | 4% | 28 | 28 | 2010 | 2024 or 2025 | 2039 or 2040 |
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 Nevada: 2023, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.