Placed in service 2017
North Carolina tax credit properties at Year 15 in 2031
HUD's database lists 39 North Carolina properties placed in service in 2017, with 3,039 apartments (3,010 low-income). If the credit period started that year, the 15-year compliance periods end around 2031, and extended use runs to at least 2046 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Givens Gerber Park III 50 Gerber Road, Asheville 28803 | 9% | 60 | 60 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Greenfield Place 150 Formosa Ln, Chapel Hill 27517 | 9% | 80 | 80 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Atando Ave Apartments 1445 Samuels St, Charlotte 28206 | 4% | 130 | 130 | 2014 | 2031 or 2032 | 2046 or 2047 |
| Southside Revitalization Phase II 703 S Roxboro Street, Durham 27707 | 9% | 85 | 58 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Veranda At Whitted School 200 East Umstead Street, Durham 27707 | 9% | 79 | 79 | 2014 | 2031 or 2032 | 2046 or 2047 |
| Morgan Pointe 645 S Hughes Blvd, Elizabeth City 27909 | 9% | 120 | 120 | 2014 | 2031 or 2032 | 2046 or 2047 |
| Woodland Bluff 121 Woodland Dr, Elkin 28621 | 9% | 48 | 48 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Millstone Landing 3417 Christakait Pl, Fayetteville 28306 | 9% | 88 | 88 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Indigo 68 Firefly Ln, Franklin 28734 | 9% | 60 | 60 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Cleveland Green III 16 United St, Garner 27529 | 9% | 80 | 80 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Pennington Grove 1000 Pennington Grove Way, Garner 27529 | 9% | 83 | 83 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Villas At Union Trace 725 Wellons Drive, Gastonia 28054 | 9% | 60 | 60 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Lochstone 301 W Lockhaven Drive, Goldsboro 27534 | 9% | 84 | 84 | 2014 | 2031 or 2032 | 2046 or 2047 |
| Oneida Mill Lofts 225 West Harden St, Graham 27253 | 4% | 133 | 133 | 2014 | 2031 or 2032 | 2046 or 2047 |
| Sumner Ridge 4452 Old Randleman Rd, Greensboro 27406 | 9% | 72 | 72 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Garden Gate Villas 700 Vicksboro Rd, Henderson 27537 | 9% | 56 | 56 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Cedar Terrace 244 Ethan Way, Hendersonville 28792 | 9% | 80 | 80 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Kirkwood Crossing 2208 Kirkwood Street, High Point 27262 | 9% | 84 | 84 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Coldwater Ridge Apartments 1800 Coldwater Lane, Kannapolis 28083 | 9% | 60 | 60 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Conrad Corners 101 Conrad Corners Circle, King 27021 | 9% | 60 | 60 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Greenbrier Landing 1000 Doctors Drive, Kinston 28504 | 9% | 61 | 61 | 2014 | 2031 or 2032 | 2046 or 2047 |
| Town Centre Apartments 259 C Town Centre Drive Adjacent To The Village, Locust 28097 | 9% | 60 | 60 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Northeast Pointe Apartments 175 Harrill Rd, Lumberton 28358 | 9% | 64 | 64 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Sparta Springs 9 Felts St, N Wilkesboro 28659 | 9% | 48 | 48 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Craven Terrace II 601 Roundtree Street, New Bern 28560 | 4% | 188 | 188 | 2014 | 2031 or 2032 | 2046 or 2047 |
| Pine Valley Apartments 1100 Pine Tree Drive, New Bern 28562 | 9% | 72 | 72 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Jakes Ridge 800 Mittenzwei Lane, Oxford 27565 | 9% | 65 | 64 | 2014 | 2031 or 2032 | 2046 or 2047 |
| Pine Forest Apartments 127 Pembroke Drive, Plymouth 27962 | 9% | 55 | 55 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Club Pond Green II 6000 Athens Rd, Raeford 28376 | 9% | 24 | 24 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Brighton Pointe II 3140 Leland Drive, Raleigh 27616 | 9% | 88 | 88 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Sycamore Run 1090 Holly View Loop, Raleigh 27610 | 9% | 42 | 42 | 2014 | 2031 or 2032 | 2046 or 2047 |
| The Bluffs At Walnut Creek 2540 Bluffs View Drive, Raleigh 27610 | 4% | 198 | 198 | 2014 | 2031 or 2032 | 2046 or 2047 |
| Wakefield Commons 10821 Alto Ln, Raleigh 27614 | 9% | 80 | 80 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Reidsville Ridge Apartments 1909 Vance St, Reidsville 27320 | 9% | 72 | 72 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Beal Street Square 564 Beal Street, Rocky Mount 27804 | 9% | 80 | 80 | 2015 | 2031 or 2032 | 2046 or 2047 |
| River Pointe 4620 White Street, Shallotte 28470 | 9% | 62 | 62 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Glen Lake Apartments 401 Nc Hwy 210, Smithfield 27577 | 9% | 72 | 72 | 2014 | 2031 or 2032 | 2046 or 2047 |
| Roanoke Apartments 201 Gatling St, Williamston 27892 | 4% | 58 | 57 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Sienna Heights 262 Progress Lane, Yadkinville 27055 | 9% | 48 | 48 | 2015 | 2031 or 2032 | 2046 or 2047 |
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, 2030, 2032.