Placed in service 2016
North Carolina tax credit properties at Year 15 in 2030
HUD's database lists 39 North Carolina properties placed in service in 2016, with 3,111 apartments (3,047 low-income). If the credit period started that year, the 15-year compliance periods end around 2030, and extended use runs to at least 2045 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Cypress Court 100 Cypress Court, Ahoskie 27910 | 9% | 48 | 48 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Albemarle Central School Apartments 219 E North Street, Albemarle 28001 | 9% | 53 | 53 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Givens Gerber Park 40 Gerber Road, Asheville 28803 | 9% | 120 | 120 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Spruce Hill 201 Spruce Hill Court, Asheville 28805 | 4% | 174 | 174 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Eastport At The Park 506 Campen Road, Beaufort 28516 | 9% | 48 | 48 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Boulevard Phase III 3610 Nobles Ave, Charlotte 28208 | 4% | 150 | 90 | 2013 | 2030 or 2031 | 2045 or 2046 |
| Park And Marsh Senior Apartments 3126 Park Road, Charlotte 28209 | n/a | 92 | 92 | 2014 | 2030 or 2031 | 2045 or 2046 |
| The Landing At Park Road 1147 Marsh Road, Charlotte 28209 | 9% | 92 | 92 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Oxford Crossing 2985 Oxford Way, Claremont 28610 | 9% | 89 | 88 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Harpers Glen Apartments 21 Harpers Lane, Clinton 28328 | 9% | 72 | 72 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Eden Chase Apartments 305 E Harris Place, Eden 27288 | 9% | 60 | 60 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Cape's Landing Apartments 1404 Deer Trail Drive, Fayetteville 28314 | 9% | 96 | 96 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Wood Spring 1806 James Slaughter Road, Fuquay Varina 27526 | 9% | 48 | 48 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Caswyck Trail 4400 Rehobeth Church Road, Greensboro 27406 | 9% | 72 | 72 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Claremont Courts 2702 Patio Place, Greensboro 27405 | 4% | 250 | 250 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Parkside Commons Apartments 901 John Hopkins Drive, Greenville 27834 | 9% | 98 | 98 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Carey Chapel Village 15 Ashmont Lane, Henderson 27537 | 9% | 54 | 54 | 2014 | 2030 or 2031 | 2045 or 2046 |
| The Wickford Apartments 250 South Beckford Drive, Henderson 27536 | 9% | 44 | 44 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Park Terrace III 885 Sharon Street, High Point 27260 | 4% | 79 | 78 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Friar Woods Apartments 203 Friarwood Court, Kernersville 27284 | 9% | 84 | 84 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Lagrange Village 203 N Wooten Street, La Grange 28551 | 9% | 50 | 50 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Arbor Glen Apartments 100 Abington Road, Lenoir 28645 | 9% | 50 | 50 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Caroline Courtyard 102 Ashton Way, Lincolnton 28092 | 9% | 56 | 56 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Harrison Terrace 90 Harrison Terrace Drive, Marion 28752 | 9% | 60 | 60 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Camden Pointe Apartments 123 Camden Point Ct, Mocksville 28028 | 9% | 60 | 60 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Sienna 607 Valdese Avenue, Morganton 28655 | 9% | 76 | 76 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Whistler's Cove 129 Whistler's Cove Ct, Mt Airy 27030 | 9% | 60 | 60 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Barringer's Trace 901 Ross Circle, Mt Pleasant 28124 | 9% | 64 | 64 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Craven Terrace 601 Roundtree Street, New Bern 28562 | 4% | 131 | 131 | 2013 | 2030 or 2031 | 2045 or 2046 |
| Sunset Creek Commons 1401 Sunset Creek Way SW, Ocean Isle Beach 28469 | 9% | 72 | 72 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Sandy Ridge Apartments 100 Sandy Ridge, Raeford 28376 | 9% | 50 | 49 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Wakefield Spring 2701 Wakefield Pines Drive, Raleigh 27614 | 9% | 80 | 80 | 2014 | 2030 or 2031 | 2045 or 2046 |
| The Grande At Granite Falls 400 Grand Rock Way, Rolesville 27571 | 9% | 74 | 74 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Brenner Crossing II 610 Roy Leazer Ave, Salisbury 28144 | 9% | 91 | 90 | 2014 | 2030 or 2031 | 2045 or 2046 |
| The Retreat At Statesville 194 North Point Boulevard Building 100, Statesville 28625 | 9% | 80 | 80 | 2014 | 2030 or 2031 | 2045 or 2046 |
| High Ridge 200 West Connor Road, Sylva 28779 | 9% | 42 | 42 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Abbington Grove Of Wadesboro 50 Abbington Grove Circle, Wadesboro 28170 | 9% | 48 | 48 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Mountain View 189 Abbington Ct, Wilkesboro 28697 | 9% | 48 | 48 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Abbington Gardens Of Winston-salem 5335 Nita Dr, Winston Salem 27105 | 9% | 96 | 96 | 2014 | 2030 or 2031 | 2045 or 2046 |
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, 2029, 2031, 2032.