Placed in service 2011
North Carolina tax credit properties at Year 15 in 2025
HUD's database lists 53 North Carolina properties placed in service in 2011, with 3,447 apartments (3,444 low-income). If the credit period started that year, the 15-year compliance periods ended around 2025, and extended use runs to at least 2040 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Westmore 42 Westmore Drive, Asheville 28806 | 9% | 72 | 72 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Broad River Terrace 51 Kimzey Circle, Brevard 28712 | 9% | 62 | 62 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Highland Terrace 1500 Highland Village Drive, Cary 27511 | 9% | 80 | 80 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Randolph Hills 3449 Marvin Road, Charlotte 28211 | 9% | 168 | 168 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Steele Creek Seniors Apartments 4314 Branch Bend Lane, Charlotte 28273 | 9% | 120 | 120 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Soco Creek Village 1003 Wolfetown Road, Cherokee 28719 | TCEP only | 60 | 60 | 2008 | 2025 or 2026 | 2040 or 2041 |
| The Villas At Logan Gardens 210 Booker Street SW, Concord 28025 | 9% | 44 | 44 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Amity Place 810 Susan Tart Road, Dunn 28335 | 4% | 48 | 48 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Swanzy Ridge Apartments 402 Swanzy Ridge Way, Elizabethtown 28337 | 9% | 40 | 40 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Dogwood Manor 422 Alfred Street, Fayetteville 28301 | 4% | 36 | 36 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Hickory Ridge 1249 Beebe Estate Circle, Fayetteville 28314 | TCEP only | 72 | 72 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Oak Run 2850 Village Dr, Fayetteville 28304 | 9% | 112 | 112 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Sycamore Park 604 Volunteer Drive, Fayetteville 28301 | 4% | 184 | 184 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Rutherford Manor 775 South Church Street, Forest City 28043 | 4% | 116 | 116 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Crystal Springs Apartments 575 Lake Road, Greenville 27834 | TCEP only | 64 | 64 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Cedarhurst 720 Highland Avenue, Henderson 27536 | 4% | 52 | 52 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Vance Commons 1000 W Young Ave, Henderson 27536 | TCEP only | 40 | 40 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Park Terrace 885 Sharon Cir, High Point 27260 | 9% | 81 | 80 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Park Terrace Apartments Phase II 885 Sharon Street, High Point 27260 | 9% | 92 | 92 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Sheraton Towers 400 North Main Street, High Point 27260 | 9% | 97 | 97 | 2010 | 2025 or 2026 | 2040 or 2041 |
| The Oaks At Silver Ridge 2926 E Martin Luther King Jr Dr, High Point 27260 | TCEP only | 100 | 100 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Eno Haven 815 Us Highway 70a E, Hillsborough 27278 | TCEP only | 76 | 76 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Pine Mountain Trace 100 Kirkland Ave, Hudson 28638 | 9% | 40 | 40 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Glenstal 1012 Arlington Meadows Drive, Jacksonville 27546 | 9% | 56 | 56 | 2010 | 2025 or 2026 | 2040 or 2041 |
| Huntington Place 215 Willamsburg Pky, Jacksonville 28546 | 9% | 72 | 72 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Mingo Village Apartments 2371 Federer Drive, Knightdale 27545 | 9% | 76 | 76 | 2007 | 2025 or 2026 | 2040 or 2041 |
| Scottish Glen II Apartments 1420 1434 West Boulevard, Laurinburg 28352 | 9% | 40 | 40 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Springchase Apartments 1010 Turnpike Rd, Laurinburg 28352 | 9% | 40 | 39 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Harbourtowne Apartments 14 Harbor Town Drive, Manteo 27954 | 9% | 46 | 46 | 2010 | 2025 or 2026 | 2040 or 2041 |
| Mebane Mill Lofts 301 W Washington Street, Mebane 27302 | 9% | 75 | 75 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Glenwood Hills 1300 Burkemont Avenue, Morganton 28655 | TCEP only | 60 | 60 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Powell Spring 600 Millbrook Drive, Pittsboro 27312 | 9% | 48 | 48 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Cedarwood 334 Oliver Street, Pollocksville 28573 | TCEP only | 24 | 24 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Meadowcreek Commons 1601 Royal Pines Drive, Raleigh 27610 | 9% | 48 | 48 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Raleigh Gardens 6145 A St Giles Rd, Raleigh 27612 | 9% | 126 | 125 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Crestwood 521 Price Street, Reidsville 27320 | 4% | 40 | 40 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Woodbridge Apartments 2101 S Scales Street Apt 21 A, Reidsville 27320 | 9% | 50 | 50 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Chapel Ridge 301 Jesslyn Drive, Roanoke Rapids 27870 | 9% | 50 | 50 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Chapel Ridge Manor 264 Jessleyn's Drive, Roanoke Rapids 27870 | TCEP only | 36 | 36 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Fair Meadows 100 Nc Hwy 125, Roanoke Rapids 27870 | 4% | 40 | 40 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Fairfield 100 Nc Hwy 125, Roanoke Rapids 27870 | 4% | 72 | 72 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Gardenwood Apartments 1234 Cauthen Drive, Rockingham 28379 | 9% | 40 | 40 | 2010 | 2025 or 2026 | 2040 or 2041 |
| Pine Grove 113 East Main Street, Sharpsburg 27878 | 4% | 40 | 40 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Kensington Gardens 120 Camden Court, Shelby 28150 | 9% | 44 | 44 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Sandy Ridge Apartments 101 Woodbine Ridge Lane, Wendell 27591 | 9% | 45 | 45 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Covey Run Apartments II 200 Jordan Ln, Whiteville 28472 | 9% | 48 | 48 | 2010 | 2025 or 2026 | 2040 or 2041 |
| Kent Place 116 E Tram Road, Whiteville 28472 | 4% | 64 | 64 | 2008 | 2025 or 2026 | 2040 or 2041 |
| J. A. Walker Apts 1020 Rankin Street, Wilmington 28401 | 9% | 37 | 37 | 2009 | 2025 or 2026 | 2040 or 2041 |
| New Brooklyn Homes At Robert R. Taylor Estates 1205 N 5th Street, Wilmington 28401 | 9% | 48 | 48 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Springbrook Apartments 2002 Crescent Drive, Wilson 27893 | TCEP only | 38 | 38 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Wesley Landing 1720 Lipscomb Road E Building A, Wilson 27893 | 9% | 56 | 56 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Orchard Creek Apartments 2810 Orchard Crek Lane, Winston Salem 27127 | 9% | 64 | 64 | 2009 | 2025 or 2026 | 2040 or 2041 |
| The Enclave 1489 Colony Lodge Ln, Winston Salem 27106 | 9% | 68 | 68 | 2010 | 2025 or 2026 | 2040 or 2041 |
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, 2024, 2026, 2027, 2028, 2029, 2030, 2031, 2032.