Placed in service 2018
New Hampshire tax credit properties at Year 15 in 2032
HUD's database lists 7 New Hampshire properties placed in service in 2018, with 589 apartments (576 low-income). If the credit period started that year, the 15-year compliance periods end around 2032, and extended use runs to at least 2047 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Newfound River Apartments 409 Lake Street, Bristol 03222 | 9% | 32 | 29 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Bradley Commons I 577 Central Ave, Dover 03820 | 9% | 39 | 39 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Three Meeting Place 3 Meeting Place Drive, Exeter 03833 | 9% | 43 | 38 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Gliford Village Knolls III 39 Potter Hill Road, Gilford 03249 | 9% | 24 | 22 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Townhonmes At Whittemore II 404 Mammoth Road, Londonderry 03053 | 9% | 33 | 30 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Boulder Point Boulder Point Drive, Plymouth 03264 | 4% | 30 | 30 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Rockingham Village Apartments 24 Batchelder Road, Seabrook 03874 | 4% | 388 | 388 | 2017 | 2032 or 2033 | 2047 or 2048 |
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, 2031.