Placed in service 2009
Oklahoma tax credit properties at Year 15 in 2023
HUD's database lists 19 Oklahoma properties placed in service in 2009, with 1,002 apartments (999 low-income). If the credit period started that year, the 15-year compliance periods ended around 2023, and extended use runs to at least 2038 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Ada Square 2001 B St, Ada 74820 | TCEP only | 56 | 56 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Iscani Subdivision To The City Of 206 E Coronado Cir, Anadarko 73005 | 4% | 40 | 40 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Brookhaven Plaza Apts 1443 S Santa Fe Ave, Bartlesville 74003 | 4% and 9% | 120 | 120 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Timber Ridge 551 Wilson St, Durant 74701 | 4% and 9% | 92 | 92 | 2006 | 2023 or 2024 | 2038 or 2039 |
| Roosevelt Park Apts 831 E Oklahoma Ave, Enid 73701 | 4% and 9% | 48 | 47 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Lakehurst Senior Living 501, Eufaula | 4% | 40 | 39 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Highland Park Heavener 810 W Ave E St, Heavener 74937 | 4% | 30 | 30 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Legends At Hickory Ridge Mcalester I North Hickory Rd, Mcalester | 4% and 9% | 32 | 32 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Park Place Apts 511 W Park Ave, Mcalester 74501 | 4% | 120 | 120 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Cottage Park - Midwest City 1323 N Stonecrop Dr, Midwest City 73110 | 4% and 9% | 42 | 42 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Cottage Park Phase I 8406 Water Leaf Ct, Midwest City 73110 | 4% and 9% | 38 | 38 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Capitol Square Villas 2601 Urban League Ct, Oklahoma City 73105 | 4% and 9% | 36 | 36 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Mt Olive Senior Cottages 3808 N Kelley Ave, Oklahoma City 73111 | 4% | 60 | 60 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Village At Oakwood 817 SW 59th St, Oklahoma City 73109 | 4% and 9% | 90 | 90 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Prairie Village 12877 E 116th St N, Owasso | 4% and 9% | 40 | 39 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Parkland Town Homes 1911 Sherry Ln, Prague 74864 | 4% and 9% | 24 | 24 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Boomer Creek Apts II 320 E Mcelroy Rd, Stillwater 74075 | 4% and 9% | 44 | 44 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Stroud Senior Village 210 S Sixth Ave, Stroud 74079 | 4% and 9% | 24 | 24 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Ozark Ridge Affordable Housing 1390 W Red Oak St, Tahlequah 74464 | 4% and 9% | 26 | 26 | 2007 | 2023 or 2024 | 2038 or 2039 |
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 Oklahoma: 2024, 2025, 2026, 2027, 2028, 2030, 2031, 2032.