Placed in service 2017
Oklahoma tax credit properties at Year 15 in 2031
HUD's database lists 11 Oklahoma properties placed in service in 2017, with 468 apartments (468 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 |
|---|---|---|---|---|---|---|
| Legacy Senior Residences - Ada 2001 North Country Club Road, Ada 74820 | 9% | 42 | 42 | 2015 | 2031 or 2032 | 2046 or 2047 |
| The Villas Of Hanover 150 Hanover Road, Davis 73030 | 9% | 36 | 36 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Legacy Senior Residences 1745 Legacy Drive, Duncan 73533 | 9% | 42 | 42 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Lakehurst Village Lakehurst Dr, Eufaula 74432 | 9% | 35 | 35 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Burnside Estates,, LP 412 Burnside, Hugo 74743 | 4% and 9% | 32 | 32 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Cottage Park Mcalester 921 Cottage Park Circle (Bldg, Mcalester 74501 | 9% | 40 | 40 | 2014 | 2031 or 2032 | 2046 or 2047 |
| Route 66 Landing 36 N Main Street, Miami 74354 | 9% | 42 | 42 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Hope Harbor Of Oklahoma City 6421 Lyrewood Lane, Oklahoma City 73132 | 9% | 54 | 54 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Meadow Cliff Apartments 7507 South Ross Avenue, Oklahoma City 73159 | 4% and 9% | 57 | 57 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Berryhill Apartments 14 E. Dewey, Sapulpa 74066 | 9% | 28 | 28 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Shawnee Park East Of Harrison On Transporta, Shawnee 74804 | 9% | 60 | 60 | 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 Oklahoma: 2023, 2024, 2025, 2026, 2027, 2028, 2030, 2032.