Placed in service 2010
North Carolina tax credit properties at Year 15 in 2024
HUD's database lists 58 North Carolina properties placed in service in 2010, with 3,028 apartments (2,883 low-income). If the credit period started that year, the 15-year compliance periods ended around 2024, and extended use runs to at least 2039 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| George Knight Homes At Skyland 138 Springside Road, Asheville 28803 | 9% | 63 | 63 | 2007 | 2024 or 2025 | 2039 or 2040 |
| Glen Rock 372 Depot Street, Asheville 28801 | 9% | 60 | 60 | 2007 | 2024 or 2025 | 2039 or 2040 |
| Smokey Meadows 21 Smokey Meadows Way, Canton 28716 | 9% | 60 | 60 | 2008 | 2024 or 2025 | 2039 or 2040 |
| The Landings At Winmore 100 Andys Ln, Chapel Hill 27516 | TCEP only | 58 | 58 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Ashley Park 4845 Ashley Park Lane, Charlotte 28209 | 4% | 176 | 36 | 2006 | 2024 or 2025 | 2039 or 2040 |
| Cherry Gardens 506 Avant St, Charlotte 28204 | 9% | 42 | 42 | 2008 | 2024 or 2025 | 2039 or 2040 |
| The Alexander 2425 Statesville Avenue, Charlotte 28206 | 9% | 96 | 96 | 2008 | 2024 or 2025 | 2039 or 2040 |
| The Gables At Druid Hills II 1145 Kohler Ave, Charlotte 28206 | 9% | 72 | 72 | 2008 | 2024 or 2025 | 2039 or 2040 |
| The Mcneel 1214 Kohler Ave, Charlotte 28206 | 9% | 48 | 48 | 2007 | 2024 or 2025 | 2039 or 2040 |
| Cherrywood Apartments 510 Office Ln, Cherryville 28021 | 4% | 48 | 48 | 2008 | 2024 or 2025 | 2039 or 2040 |
| New Cherrywood Apts 106 Sullivan Dr, Cherryville 28021 | 4% | 48 | 48 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Sampson Square 804 College St, Clinton 28328 | TCEP only | 40 | 40 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Ridge Oak Apartments 160 Shuford Drive, Columbus 27822 | 4% | 18 | 18 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Brooke Pointe Apartments 1445 Fairington Drive NW, Concord 28027 | 9% | 106 | 106 | 2009 | 2024 or 2025 | 2039 or 2040 |
| Parkland Apts 1227 Norman Dr, Eden 27288 | 4% | 40 | 40 | 2006 | 2024 or 2025 | 2039 or 2040 |
| Wedgewood Apartments 725 Dr Martin Luther King Jr Avenue, Edenton 27932 | TCEP only | 50 | 49 | 2008 | 2024 or 2025 | 2039 or 2040 |
| River's Edge At Elizabeth Crossing 450 River's Edge Circle, Elizabeth City 27909 | 9% | 56 | 56 | 2008 | 2024 or 2025 | 2039 or 2040 |
| River's Retreat At Elizabeth Crossing 500 River's Retreat Way, Elizabeth City 27909 | 9% | 40 | 40 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Enfield School Apartments 498 Sherrod Hts, Enfield 27823 | 9% | 36 | 36 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Maple Ridge Apartments - Phase 3 6736 Bone Creek Drive, Fayetteville 28314 | 9% | 80 | 80 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Four Oaks Apartments 105 Keen Road, Four Oaks 27524 | 4% | 24 | 24 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Bailey Place 609 A Hillside Court, Fuquay Varina 27526 | 9% | 48 | 48 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Evergreen Landing 2510 Loblolly Pine Drive, Gastonia 28054 | 9% | 82 | 80 | 2007 | 2024 or 2025 | 2039 or 2040 |
| Churchview Farm 2200 Shepherd Watch Court, Greensboro 27403 | TCEP only | 68 | 68 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Carolina Cove 111 Lakeview Terrace, Greenville 27834 | 9% | 100 | 100 | 2007 | 2024 or 2025 | 2039 or 2040 |
| Green Oaks Apartments 100 Persimmon Drive, Grover 28073 | 4% | 24 | 24 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Timber Springs Apts 100 Timber Springs Ct, Holly Springs 27540 | 4% | 39 | 39 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Meadow's Gate Western Boulevard, Jacksonville 28546 | TCEP only | 80 | 80 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Tanner Place 2312 Indian Drive, Jacksonville 28546 | 9% | 42 | 42 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Kenly Village Apts 567 W First Street, Kenly 27542 | 4% | 24 | 24 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Cleveland Ridge 327 Cleveland Ridge Drive, Kings Mountain 28086 | TCEP only | 48 | 48 | 2007 | 2024 or 2025 | 2039 or 2040 |
| Kings Falls East Gold Street, Kings Mountain 28086 | TCEP only | 36 | 36 | 2007 | 2024 or 2025 | 2039 or 2040 |
| Caldwell Gardens 1302 Piedmont Drive, Lenoir 28645 | TCEP only | 97 | 97 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Dry Brook Apartment Homes 45 Dry Brook Circle, Lillington 27546 | 9% | 60 | 60 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Woodhill Apartments 1005 Georgetown Road, Lincolnton 28092 | 4% | 40 | 40 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Oakland Village Apartments 215 Oak Street Extension, Littleton 27850 | 4% | 24 | 24 | 2008 | 2024 or 2025 | 2039 or 2040 |
| The Village 259 C Town Center Drive, Locust 28097 | 9% | 48 | 48 | 2007 | 2024 or 2025 | 2039 or 2040 |
| Windsor Crossing Apartments 105 Medley Lane, Lumberton 28358 | TCEP only | 40 | 40 | 2007 | 2024 or 2025 | 2039 or 2040 |
| Longview Apartments 25 Longview Lane, Maysville 28555 | 9% | 24 | 24 | 2009 | 2024 or 2025 | 2039 or 2040 |
| Longview Apts (Maysville) 101 Longview Dr, Maysville 28555 | 9% | 24 | 24 | 2009 | 2024 or 2025 | 2039 or 2040 |
| Hillmont Village Apartments 306 West Main Street, Micro 27555 | 4% | 24 | 24 | 2008 | 2024 or 2025 | 2039 or 2040 |
| New Hillmont Village Apts 306 W Main St, Micro | 4% | 24 | 24 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Rowan Pointe 127 Willhaven Drive, Mocksville 27028 | TCEP only | 60 | 60 | 2007 | 2024 or 2025 | 2039 or 2040 |
| Curlin Commons 276 Overhead Bridge Road, Mooresville 28115 | 9% | 40 | 40 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Richardson Court 1101 South Brake Street, Nashville 27856 | TCEP only | 50 | 50 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Camden Square Apartments 4800 Camden Square Drive, New Bern 28562 | 9% | 76 | 76 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Arrowpoint Acres 16 Newasin Dr, Pembroke 28372 | TCEP only | 50 | 50 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Lantern Lane 129 Lantern Lane, Raeford 28376 | TCEP only | 48 | 48 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Autumn Spring 3601 Eck Drive, Raleigh 27604 | 9% | 48 | 48 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Brookridge 3930 Durham Drive, Raleigh 27603 | 9% | 41 | 40 | 2007 | 2024 or 2025 | 2039 or 2040 |
| Baytree Apartments 401 S Onslow Street, Richlands 28574 | 9% | 24 | 24 | 2009 | 2024 or 2025 | 2039 or 2040 |
| Cherry Knoll Apartments 107 Cherry Knoll Dr, Rutherfordton 28139 | 4% | 28 | 28 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Lanier Pointe 1030 Sue Lane, Shelby 28152 | 9% | 48 | 48 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Spring Lake Green Apartments 612 Wellingly Cir, Spring Lake 28390 | TCEP only | 48 | 48 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Greylin Ridge Apartments 118 Greylin Loop, Statesville 28625 | 9% | 80 | 80 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Bermuda Run Apartments 211 Matthews Street, Warsaw 28398 | TCEP only | 50 | 49 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Saw Mill Apartments 332 West Hay Street, Whiteville 28472 | 4% | 40 | 40 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Cottages At Glendale 400 Pike Street, Wilson 27894 | TCEP only | 40 | 40 | 2008 | 2024 or 2025 | 2039 or 2040 |
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 North Carolina: 2023, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.