Placed in service 2015
North Carolina tax credit properties at Year 15 in 2029
HUD's database lists 45 North Carolina properties placed in service in 2015, with 2,943 apartments (2,940 low-income). If the credit period started that year, the 15-year compliance periods end around 2029, and extended use runs to at least 2044 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| The Cottages At Twin Oaks 55 Cottage Oaks Way, Angier 27501 | 9% | 48 | 48 | 2012 | 2029 or 2030 | 2044 or 2045 |
| The Villas At Fallen Spruce 100 Boxelder Cir, Asheville 28806 | 9% | 55 | 55 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Blue Ridge Apartments 108 N Blue Ridge Road, Black Mountain 28711 | 4% | 77 | 77 | 2012 | 2029 or 2030 | 2044 or 2045 |
| Village Street 208 Village St, Bladenboro 28320 | 4% | 29 | 29 | 2012 | 2029 or 2030 | 2044 or 2045 |
| Watauga Green Apartments 158 Herring Loop, Boone 28607 | 9% | 72 | 72 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Willow Creek 2000 Golden Willow Court, Cary 27519 | 9% | 53 | 53 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Sardis Trace 8848 Nolley Court, Charlotte 28270 | 9% | 78 | 78 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Riverwood Haven 161 Stetson Lane, Clayton 27527 | 9% | 60 | 60 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Renaissance At Antiquity 1721 Lovers Lawn Trace, Cornelius 28031 | 9% | 86 | 86 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Harnett Training School Apartments 630 East Johnson Street, Dunn 28334 | 9% | 37 | 37 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Tooley Place 603 609 Hull Drive, Elizabeth City 27909 | 9% | 36 | 36 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Hilltop Estates 680 Smith Circle, Elizabethtown 28337 | 4% | 28 | 28 | 2012 | 2029 or 2030 | 2044 or 2045 |
| Mercer Road Apartments 600 Mercer Mill Road, Elizabethtown 28337 | 4% | 66 | 66 | 2012 | 2029 or 2030 | 2044 or 2045 |
| Cooper Terrace 259 Pgw Drive, Elkin 28621 | 9% | 56 | 56 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Oxford Plantation 601 Oxford Blvd, Goldsboro 27530 | 9% | 60 | 60 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Kittrell Place Apartments 4117 Kittrell Farms Drive, Greenville 27858 | 9% | 64 | 64 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Viewmont Square Court 1420 4th St Dr NW, Hickory 28601 | 9% | 50 | 50 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Addington Ridge 3726 Admiral Drive, High Point 27265 | 9% | 58 | 58 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Holly Woods At Sunset Lake 2000 Reef Court, Holly Springs 27540 | 9% | 64 | 64 | 2012 | 2029 or 2030 | 2044 or 2045 |
| Autumn Crest 905 Sears Street, Kannapolis 28083 | 9% | 87 | 87 | 2013 | 2029 or 2030 | 2044 or 2045 |
| University Park 2137 University Drive, Kannapolis 28083 | 9% | 96 | 96 | 2012 | 2029 or 2030 | 2044 or 2045 |
| Cambridge Oaks Apartments 107 Cambridge Oaks Circle, Kings Mountain 28086 | 9% | 56 | 56 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Cambridge Farms Apartments 900 Doctors Drive, Kinston 28504 | 9% | 60 | 60 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Viridian 185 Linkside Court, Lenoir 28645 | 9% | 64 | 64 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Harmony Court And Caple Commons 1 Jamaica Drive, Lexington 27293 | 4% | 138 | 138 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Southside Apartments 100 Federal Street, Lexington 27292 | 4% | 130 | 130 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Mars Hill Commons 111 Mars Hill Commons Lane, Mars Hill 28754 | 9% | 48 | 48 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Brookwood Apartments 101 Young Drive, Mt Olive 28365 | 9% | 65 | 65 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Pembroke Senior Village 21 South Spirit Drive, Pembroke 28372 | 9% | 51 | 50 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Bellemont Pointe Apartments 121 Lowe's Drive, Pittsboro 27312 | 9% | 76 | 76 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Calvary Trace 4891 Millsview Court, Raleigh 27604 | 9% | 117 | 116 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Emerson Glen 3010 Emerson Glen Lane, Raleigh 27603 | 9% | 48 | 48 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Fountain Pointe 192 Clemmer Road, Rockingham 28379 | 9% | 39 | 39 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Pine Ridge Homes 1001 Pineridge Dr, Rockingham 28379 | 9% | 69 | 69 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Windridge Apartments 50 Windridge Court, Roxboro 27573 | 9% | 60 | 60 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Brenner Crossing 610 Roy Leazer Ave, Salisbury 28144 | 9% | 81 | 80 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Fair Grove Apartments 107 Fair Grove Circle, Snow Hill 28580 | 9% | 40 | 40 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Abbington Oaks 4744 Abbington Oaks Way, Southport 28461 | 9% | 72 | 72 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Sterling Oaks Apartments 131 Armstrong Dr, Spindale 28160 | 9% | 56 | 56 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Huntington Spring 1887 S Franklin Street, Wake Forest 27587 | 9% | 84 | 84 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Lockwood Village Apartments 2132 San Lucas Court, Wilmington 28412 | 9% | 60 | 60 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Rankin Terrace Apartments 415 12th Street N, Wilmington 28401 | 9% | 77 | 77 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Ravenswood Apartments 3721 Ashbrook Dr NW, Wilson 27896 | 9% | 72 | 72 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Rockwood At Oliver's Crossing 1630 Rockwood Crossing Drive, Winston Salem 27127 | 9% | 64 | 64 | 2013 | 2029 or 2030 | 2044 or 2045 |
| The Villas At Hickory Tree 3305 Hickory Tree Road, Winston Salem 27127 | 9% | 56 | 56 | 2013 | 2029 or 2030 | 2044 or 2045 |
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, 2028, 2030, 2031, 2032.