Year Fifteen
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Placed in service 2014

North Carolina tax credit properties at Year 15 in 2028

HUD's database lists 39 North Carolina properties placed in service in 2014, with 2,398 apartments (2,358 low-income). If the credit period started that year, the 15-year compliance periods end around 2028, and extended use runs to at least 2043 unless the agreement says later.

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026, projects placed in service through 2024), with HUD's 2024 data dictionary. "Allocated" is the year the agency allocated credits, often a year or more before the property opened. Compliance and extended-use years are estimates from the placed-in-service year; an owner may have started credits a year later, buildings in one project can differ, and extended use shown is the federal minimum; where the agency reported a period over 30 years, it's noted. "No longer monitored" means the agency flagged the property as out of its LIHTC monitoring.
PropertyCreditUnitsLow-incomeAllocatedCompliance endsExtended use at least to
Carmel Ridge Apartments
15 Carmel Ridge Cir, Asheville 28806		9%808020122028 or 20292043 or 2044
Beaufort Spring
1791 Live Oak Street, Beaufort 28516		9%484820122028 or 20292043 or 2044
Loftin At Montcross Senior
864 Hawley Avenue, Belmont 28012		9%727220122028 or 20292043 or 2044
Emerald Forest Apartments
100 Forest Drive, Biscoe 27209		9%484820132028 or 20292043 or 2044
Catawba Senior Housing
308 Mt Holly Huntersville Rd, Charlotte 28214		9%626220122028 or 20292043 or 2044
The Residences At Renaissance
3610 Nobles Avenue, Charlotte 28208		9%747420122028 or 20292043 or 2044
River Run Apartments
150 River Run Drive, Chocowinity 27817		9%484820132028 or 20292043 or 2044
Poplar Crossing Commons
340 Poplar Crossing Drive NW, Concord 28027		9%666620122028 or 20292043 or 2044
Long Creek Apartments
1005 Millington Circle, Dallas 28034		9%10410320122028 or 20292043 or 2044
Southside Revitalization Phase I
703 S Roxboro St, Durham 27707		9%1198020112028 or 20292043 or 2044
Cypress Manor
217 Lincoln Drive, Fayetteville 28301		9%484820122028 or 20292043 or 2044
Westgate Terrace
47 Harper Lane, Franklin 28734		9%606020122028 or 20292043 or 2044
Cleveland Green Phase II Apartments
401 Lainey Street, Garner 27529		9%404020122028 or 20292043 or 2044
Timber Spring
125 Timber Drive East, Garner 27529		9%484820122028 or 20292043 or 2044
Pilot View
600 Newsome Road, King 27021		4%404020112028 or 20292043 or 2044
The Villas At Christian Village
120 Cambell Circle, King 27021		9%383820132028 or 20292043 or 2044
Jackson Square
100 Jackson Square Drive, Lexington 27295		9%565620122028 or 20292043 or 2044
Cooper Creek Heights
Morning Glory Circle, Mocksville 27028		9%565620122028 or 20292043 or 2044
Willow Pond
891 Yadkinville Road, Mocksville 27028		9%505020122028 or 20292043 or 2044
Edgewood Place
1510 Edgewood Drive, Mount Airy 27030		9%565620122028 or 20292043 or 2044
Ashley Park Apartments
4000 Ashley Park Drive, New Bern 28562		9%727220122028 or 20292043 or 2044
Brunswick House Apartments
1210 Colony Drive, New Bern 28562		4%949420112028 or 20292043 or 2044
Club Pond Green Apartments
6000 Athens Road, Raeford 28376		9%484820122028 or 20292043 or 2044
Brighton Pointe
7510 Estey Rd, Raleigh 27616		9%808020122028 or 20292043 or 2044
Madison Place Apartments
1773 Beaver Pond Road, Rocky Mount 27804		9%404020122028 or 20292043 or 2044
Granite Falls Apartments
404 Hunter Falls Lane, Rolesville 27571		9%727220122028 or 20292043 or 2044
Colonial Village Apartments
231 D Avenue, Salisbury 28144		9%989820132028 or 20292043 or 2044
Sterling Trace
180 Emerson Lane, Salisbury 28147		9%808020122028 or 20292043 or 2044
The Villas At Hope Crest
1314 Lincolnton Road, Salisbury 28147		9%555520122028 or 20292043 or 2044
Autumn Oaks II
502 Willow Oak Drive, Sanford 27330		9%606020122028 or 20292043 or 2044
North Glen Apartments
1221 West 11th Street Box 33, Siler City 27344		9%323220122028 or 20292043 or 2044
Timber Ridge
190 Heartwood Ln, Spindale 28160		9%505020122028 or 20292043 or 2044
Hunter Hill Apartment Homes
200 Hunter Hill Road, Tarboro 27886		9%565620122028 or 20292043 or 2044
Pender Square I
500 Benson Drive, Tarboro 27886		4%727220112028 or 20292043 or 2044
Southerland Village Apartments
400 Pond View Lane, Wallace 28466		9%484820122028 or 20292043 or 2044
Heritage Apartments
124 Heritage Drive, Walnut Cove 27052		9%242420122028 or 20292043 or 2044
Copperstone Apartments
104 Copperstone Lane, Whiteville 28472		9%404020122028 or 20292043 or 2044
Covington Way
1006 Gateway Avenue, Wilkesboro 28697		9%646420122028 or 20292043 or 2044
Crescent Gardens Apartments
1602 Kincaid Avenue, Wilson 27893		9%10010020132028 or 20292043 or 2044

Watch one of these properties

Pick a property and we'll email when it moves closer to Year 15 (inside two years, then inside one) or when HUD's record for it changes in a new release. Every North Carolina property is in the download on the data page.

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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, 2027, 2029, 2030, 2031, 2032.