Placed in service 2015
Nevada tax credit properties at Year 15 in 2029
HUD's database lists 9 Nevada properties placed in service in 2015, with 822 apartments (756 low-income). If the credit period started that year, the 15-year compliance periods end around 2029, and extended use runs to at least 2044 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Winchester Court 1806 Winchester Drive, Elko 89801 | 4% | 40 | 30 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Winchestrer Ct 1806 Winchester Dr, Elko 89801 | n/a | 40 | 30 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Boulder Pointe Apts. 993 Equestrian Drive, Henderson 89002 | 4% and 9% | 210 | 210 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Acapella Duet 5025 Mohave Ave, Las Vegas 89104 | n/a | 80 | 80 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Agate Seniors 2675 W. Agate Ave., Las Vegas 89123 | 4% and 9% | 182 | 182 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Bonnie Lane 2047 Bonnie Lane, Las Vegas | n/a | 66 | 65 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Westcliff Heights Senior Apts 8206 Silver Sky Dr. Bldg., Las Vegas 89145 | 4% and 9% | 80 | 50 | 2012 | 2029 or 2030 | 2044 or 2045 |
| Winterwood Seniors II Nellis Blvd / Sahara Ave, Las Vegas 89142 | 4% | 80 | 65 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Juniper Village 525 Morrill Avenue, Reno 89502 | 4% | 44 | 44 | 2013 | 2029 or 2030 | 2044 or 2045 |
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, 2028, 2030, 2031, 2032.