Placed in service 2016
Oklahoma tax credit properties at Year 15 in 2030
HUD's database lists 23 Oklahoma properties placed in service in 2016, with 1,193 apartments (1,182 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 |
|---|---|---|---|---|---|---|
| Cottage Lane Family Residences 1318 Nadine Drive, Ada 74820 | 4% and 9% | 52 | 52 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Archwood Apartments 1006 Highway 9a, Arkoma 74901 | 4% and 9% | 24 | 24 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Willow Garden Apts 401 Aledo Drive, Bartlesville | 9% | 47 | 47 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Willow Gardens 606 Highland Drive, Bartlesville 74003 | 4% and 9% | 47 | 47 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Will Rogers Loft 524 West Will Rogers Blvd, Claremore 74017 | 9% | 39 | 39 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Oklahoma Christian Apartments 325 Enz Drive, Edmond 73034 | 4% and 9% | 125 | 125 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Garden Walk Of Grove 400 Mill Creek Drive, Grove 74344 | 4% and 9% | 100 | 100 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Hugo Affordable Housing II 1100 Windhaven Drive, Hugo 74743 | 9% | 10 | 10 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Hugo Affordable Housing, III 1105-1114 Sunhaven Dr., Hugo 74743 | 9% | 10 | 10 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Hugo Affordable Housing, IV Sunhaven Drive, Hugo 74743 | 9% | 10 | 10 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Gardenwalk Of Idabel 907 Laurel, Idabel 74745 | 4% and 9% | 52 | 52 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Autumn Creek Villas Phase II 9201 NE 16th Street, Midwest City 73130 | 9% | 28 | 28 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Garden Walk Of Muldrow 815 Mclain Drive, Muldrow 74948 | 4% and 9% | 72 | 72 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Muskogee Arts District Homes, LP 407 S. 5th Street, Muskogee 74401 | 4% and 9% | 36 | 36 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Bocage Apartments 909 Brandywine Lane, Norman 73071 | 9% | 58 | 48 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Forest Village Estates 3101 N Bryant Avenue, Oklahoma City 73121 | 9% | 34 | 34 | 2014 | 2030 or 2031 | 2045 or 2046 |
| The Commons On Classen 1320 Classen Drive, Oklahoma City 73103 | 9% | 49 | 48 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Progressive Rural Housing Apartments 1403 N. 9th Street, Perry 73077 | 4% and 9% | 107 | 107 | 2012 | 2030 or 2031 | 2045 or 2046 |
| Highland Park 1900 W Highland, Ponca City 74601 | 9% | 34 | 34 | 2016 | 2030 or 2031 | 2045 or 2046 |
| Walnut Park Manor 1002 Teel Road, Sapulpa 74066 | 9% | 50 | 50 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Wickham Gardens Apartments 1014 South Wickham Road, Sapulpa 74066 | 9% | 60 | 60 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Ashford Place 3105 Acme Road, Shawnee 74804 | 4% and 9% | 101 | 101 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Cherokee Meadows 1505 East Reading Street, Tulsa 74106 | 9% | 48 | 48 | 2016 | 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 Oklahoma: 2023, 2024, 2025, 2026, 2027, 2028, 2031, 2032.