Placed in service 2017
New Hampshire tax credit properties at Year 15 in 2031
HUD's database lists 6 New Hampshire properties placed in service in 2017, with 345 apartments (345 low-income). If the credit period started that year, the 15-year compliance periods end around 2031, and extended use runs to at least 2046 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Kensington Woods 3 Kensington Lane, Bedford 03110 | 9% | 41 | 41 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Whittier Falls Whittier Street, Dover 03820 | 4% | 184 | 184 | 2017 | 2031 or 2032 | 2046 or 2047 |
| Franklin Light And Power 100 Memorial Street, Franklin 03235 | 9% | 45 | 45 | 2016 | 2031 or 2032 | 2046 or 2047 |
| The Meadows At Grapvine Run, Phase I 27 Brown Road, Hampton Falls 03844 | 9% | 24 | 24 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Westmill Senior Housing 110 Railroad Street, Keene 03431 | 9% | 26 | 26 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Chandler Place 18 Chandler Avenue, Plaistow 03865 | 9% | 25 | 25 | 2016 | 2031 or 2032 | 2046 or 2047 |
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 New Hampshire: 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2032.