Placed in service 2018
Oklahoma tax credit properties at Year 15 in 2032
HUD's database lists 9 Oklahoma properties placed in service in 2018, with 552 apartments (550 low-income). If the credit period started that year, the 15-year compliance periods end around 2032, and extended use runs to at least 2047 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Parkridge Estates Apartments 1220 Asa Lee Street, Altus 73521 | 4% and 9% | 60 | 59 | 2017 | 2032 or 2033 | 2047 or 2048 |
| The Towers Apartments 101 East Commerce Street, Altus 73521 | 4% and 9% | 43 | 43 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Columbia Crossing 600 S. Washington St., Ardmore 73401 | 9% | 44 | 44 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Serenity Park II 1175 Serenity Loop, Ardmore 73401 | 9% | 12 | 12 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Autumn Trace Apartments 2305 Mitchell Drive, Kingfisher 73750 | 4% and 9% | 31 | 30 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Kirkwood Senior Complex 400 East 6th Street, Sand Springs 74063 | 4% and 9% | 76 | 76 | 2017 | 2032 or 2033 | 2047 or 2048 |
| St. Thomas Square And Worthington Townho 1050 East 61st Street, Tulsa - Tulsa 74136 | 4% and 9% | 206 | 206 | 2016 | 2032 or 2033 | 2047 or 2048 |
| The Estates Of Weatherford Koch Dr. And Patriot, Weatherford 73096 | 9% | 48 | 48 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Wewoka Lofts 220 S Wewoka Ave, Wewoka 74884 | 9% | 32 | 32 | 2016 | 2032 or 2033 | 2047 or 2048 |
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, 2031.