Placed in service 2011
Nevada tax credit properties at Year 15 in 2025
HUD's database lists 13 Nevada properties placed in service in 2011, with 806 apartments (783 low-income). If the credit period started that year, the 15-year compliance periods ended around 2025, and extended use runs to at least 2040 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Sierra Ridge 1820 Russell Way, Carson City 89706 | TCEP only | 42 | 41 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Sierra Run II 201 Lois Lane, Fernley 89408 | TCEP only | 24 | 24 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Coronado Dr Apts 500 N Major Ave, Henderson 89015 | TCEP only | 60 | 59 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Coronado Drive Apartments Corner Of Coronado And, Henderson 89015 | 4% and 9% | 60 | 59 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Smith Williams Apts 575 E. Lake Mead, Henderson 89015 | 4% and 9% | 80 | 80 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Ethel Mae Robinson Senior II 1320 H Street, Las Vegas 89106 | 4% and 9% | 18 | 18 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Mcknight Senior Village III 651 Mcknight St, Las Vegas 89101 | 4% and 9% | 24 | 20 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Silver Sky At Deer Springs 6741 N. Decatur Blvd, Las Vegas 89131 | TCEP only | 90 | 90 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Sky View Pines Apts 21 W Owens Ave, Las Vegas 89030 | 4% | 144 | 129 | 2009 | 2025 or 2026 | 2040 or 2041 |
| River Senior Apts 895 Kuenzli St, Reno 89502 | TCEP only | 55 | 55 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Silver Sage At Neil Road 3870 Neil Road, Reno 89502 | TCEP only | 58 | 58 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Washoe Mills Apts 1375 Mill Street, Reno 98502 | 4% and 9% | 115 | 115 | 2011 | 2025 or 2026 | 2040 or 2041 |
| Humboldt Pines Family 1300 Hansen Street, Winnemucca 89445 | 4% and 9% | 36 | 35 | 2009 | 2025 or 2026 | 2040 or 2041 |
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, 2024, 2026, 2027, 2028, 2029, 2030, 2031, 2032.