Placed in service 2012
Nevada tax credit properties at Year 15 in 2026
HUD's database lists 8 Nevada properties placed in service in 2012, with 671 apartments (638 low-income). If the credit period started that year, the 15-year compliance periods end this year, and extended use runs to at least 2041 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Christina Court Apts 1800 Russell Way, Carson City 89706 | 4% and 9% | 40 | 36 | 2011 | 2026 or 2027 | 2041 or 2042 |
| College Villas Senior Living Apts 511 College Dr, Henderson 89015 | 4% | 226 | 224 | 2009 | 2026 or 2027 | 2041 or 2042 |
| Pacific Pines 4 Texas Ave / Army Street, Henderson 89015 | 4% and 9% | 62 | 62 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Acapella Aka Winterwood Senior Apts 5025 E Mohave, Las Vegas 89104 | 4% and 9% | 142 | 124 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Decatur Pines 2 6741 N Decatur Blvd, Las Vegas 89131 | 4% and 9% | 75 | 75 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Santa Barbara Palms I 4880 Santa Barbara St, Las Vegas 89121 | 4% and 9% | 72 | 63 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Pershing Meadows Apartments 395 4th Street, Lovelock 89411 | 4% | 24 | 24 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Larios Arms Senior Apartments 242 West Minor Street, Winnemucca 89445 | 4% and 9% | 30 | 30 | 2010 | 2026 or 2027 | 2041 or 2042 |
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, 2025, 2027, 2028, 2029, 2030, 2031, 2032.