Placed in service 2013
North Carolina tax credit properties at Year 15 in 2027
HUD's database lists 34 North Carolina properties placed in service in 2013, with 2,248 apartments (2,248 low-income). If the credit period started that year, the 15-year compliance periods end around 2027, and extended use runs to at least 2042 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Asheboro Mill Lofts 161 S Church St, Asheboro 27203 | 9% | 70 | 70 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Cottages At Brevard 15 Pender Lane, Brevard 28712 | 9% | 48 | 48 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Chambers Point At Ayrsley 10124 Shaffer Valley Way, Charlotte 28273 | 9% | 86 | 86 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Parktowne Terrace II 5800 Fairview Rd, Charlotte 28209 | 4% | 163 | 163 | 2011 | 2027 or 2028 | 2042 or 2043 |
| The Retreat At Renaissance 3240 New Renaissance Way, Charlotte 28208 | 9% | 110 | 110 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Brooke Pointe Manor 1415 Fairington Dr NW, Concord 28027 | 9% | 66 | 66 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Greens At Pine Glen 6201 Pine Glen Trail, Durham 27713 | 4% | 168 | 168 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Stone Creek Apartments 320 East Harris Place, Eden 27288 | 9% | 40 | 40 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Tall Oaks 502 Tall Oaks Drive, Elizabethtown 28337 | 9% | 28 | 28 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Oak Run II 575 Scarborough Street, Fayetteville 28301 | 9% | 118 | 118 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Glenbrook Meadows 511 Glen Road, Garner 27529 | 9% | 54 | 54 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Highland Memorial Apartments 401 N Highland Street, Gastonia 28052 | 9% | 75 | 75 | 2011 | 2027 or 2028 | 2042 or 2043 |
| The Highlands 600 Lockhaven Court, Goldsboro 27534 | 9% | 60 | 60 | 2011 | 2027 or 2028 | 2042 or 2043 |
| The Terrace At Rocky Knoll 435 Rocky Knoll Road, Greensboro 27406 | 9% | 48 | 48 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Ellsworth Commons 3200 Moonlight Way, Greenville 27834 | 9% | 68 | 68 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Winslow Pointe 400 Winslow Pointe, Greenville 27834 | 9% | 84 | 84 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Hampton Pointe Apartments 490 Hampton Pointe Boulevard, Hillsborough 27278 | 9% | 48 | 48 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Wellington Grove 2075 Carolina Park Ave, Jacksonville 28546 | 9% | 88 | 88 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Laurel Crossing 918 Malabys Church Dr, Knightdale 27545 | 9% | 60 | 60 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Stoney Creek Apartments 321 Plaza Road, Laurinburg 28352 | 9% | 44 | 44 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Westgate Senior Apartments 9200 Oceangate Plaza Extn, Leland 28451 | 9% | 72 | 72 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Woodcrest Apartments 226 Wilson Street, Lenoir 28645 | 9% | 70 | 70 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Forest Hill Apartments 900 Apex Drive, Lexington 27295 | 9% | 88 | 88 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Oakland Mill Apartments 101 Nelson Dr, Lincolnton 28092 | 9% | 42 | 42 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Ardsley Commons 317 Ardsley Drive, Locust 28097 | 9% | 36 | 36 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Linville Cove 507 Linville Street, Newland 28657 | 9% | 32 | 32 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Poyner Spring 8150 Town Drive, Raleigh 27616 | 9% | 42 | 42 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Water Garden Park 8109 Marvino Lane, Raleigh 27612 | 9% | 88 | 88 | 2011 | 2027 or 2028 | 2042 or 2043 |
| River Towne Manor 200 W Becker Drive, Roanoke Rapids 27870 | 9% | 40 | 40 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Forest Glen Apartments 106 Forest Glen Dr, Tabor City 28463 | 9% | 48 | 48 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Alexander Place 233 Alexander Place Way, Wendell 27591 | 9% | 48 | 48 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Covey Reserve Apartments 200 Jordan Ln, Whiteville 28472 | 9% | 44 | 44 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Union Station 205 S Main Street, Wingate 28174 | 9% | 48 | 48 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Oakwood Apts Phase II 347 Twin Oaks Dr, Yadkinville 27055 | 9% | 24 | 24 | 2011 | 2027 or 2028 | 2042 or 2043 |
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, 2025, 2026, 2028, 2029, 2030, 2031, 2032.