Placed in service 2014
Nevada tax credit properties at Year 15 in 2028
HUD's database lists 13 Nevada properties placed in service in 2014, with 1,045 apartments (1,035 low-income). If the credit period started that year, the 15-year compliance periods end around 2028, and extended use runs to at least 2043 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Highland Terrace 15 West Highland Drive, Ely 89301 | 4% and 9% | 60 | 60 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Highland Terrace Apts 115 W Highland Dr, Ely 89301 | n/a | 36 | 36 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Indigo Village Apartments 1755 Auction Rd, Fallon 89406 | 4% and 9% | 48 | 48 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Parkway Vista Senior Community 1330 Crestmore Drive, Gardnerville 89410 | 9% | 30 | 30 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Landsman Gardens Apts. 750 Major Street, Henderson 89015 | 4% | 100 | 100 | 2014 | 2028 or 2029 | 2043 or 2044 |
| Dr. Paul Meacham 65 E Windmill, Las Vegas 89123 | 9% | 57 | 48 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Tempo I Apartments 5625 South Hollywood Blvd, Las Vegas | n/a | 100 | 100 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Tempo Senior Apts 5625 South Hollywood Blvd., Las Vegas 89122 | 9% | 101 | 100 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Westcliff Pines 2 8286 Silver Sky Drive, Las Vegas 89145 | 4% | 80 | 80 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Westcliff Pines 3 8286 Silver Sky Dr, Las Vegas 89145 | 9% | 40 | 40 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Centennial Park 2627 Donna St, No Las Vegas 89030 | n/a | 155 | 155 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Centennial Park Arms Apartments 2627 Donna Street, North Las Vegas 89030 | 9% | 155 | 155 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Metropolitan Gardens 325 E 7th Street, Reno 89512 | 4% | 83 | 83 | 2014 | 2028 or 2029 | 2043 or 2044 |
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, 2026, 2027, 2029, 2030, 2031, 2032.