Placed in service 2017
Ohio tax credit properties at Year 15 in 2031
HUD's database lists 8 Ohio properties placed in service in 2017, with 806 apartments (811 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 |
|---|---|---|---|---|---|---|
| Sem Manor 1348 Pebble Court, Anderson Township 45255 | 4% and 9% | 140 | 140 | 2017 | 2031 or 2032 | 2046 or 2047 |
| Abington Arms 11501 Mayfield Road, Cleveland 44106 | 4% and 9% | 152 | 152 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Cedar Redevelopment Phase I 2370 East 30th Street, Cleveland 44115 | 4% and 9% | 54 | 61 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Hough Heritage 1844 1848 1862 1866 East 97th Street, Cleveland 44106 | 4% and 9% | 60 | 60 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Sherman Thompson Towers 275 North 3rd Street, Ironton 45638 | 4% and 9% | 151 | 150 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Key Terrace 3908 Wilmington Pike, Kettering 45429 | 4% and 9% | 40 | 40 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Westerly II 14306 Detroit Avenue, Lakewood 44107 | 4% and 9% | 154 | 153 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Whitehouse Square Townhomes 10405 Washington Street, Whitehouse 43571 | 4% and 9% | 55 | 55 | 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 Ohio: 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2032.