Placed in service 2009
Oregon tax credit properties at Year 15 in 2023
HUD's database lists 22 Oregon properties placed in service in 2009, with 1,173 apartments (1,173 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 |
|---|---|---|---|---|---|---|
| River View Place Apts 635 Third Ave SW, Albany 97321 | n/a | 40 | 40 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Discovery Park Lodge 2868 NW Crossing Dr, Bend 97703 | n/a | 53 | 53 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Putnam Pointe 750 NW Lava Rd, Bend 97703 | n/a | 33 | 33 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Carriage Court Apts 728 NW Fifth Cir, Canby 97013 | n/a | 30 | 30 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Scenic Heights 1825 Scenic Ave, Central Point 97502 | n/a | 48 | 48 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Prairie View 584 N Danebo Ave, Eugene 97402 | n/a | 64 | 64 | 2008 | 2023 or 2024 | 2038 or 2039 |
| West Devil's Lake Apts 3109 NE 26th St, Lincoln City 97367 | n/a | 50 | 50 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Hotel North Bend Apts 768 Virginia Ave, North Bend 97459 | n/a | 33 | 33 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Rosewood Terrace 235 Pearl St, Oregon City 97045 | n/a | 38 | 38 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Arbor Glen Apts 2609 SE 145th Ave, Portland 97236 | n/a | 97 | 97 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Mira Flores 8901 N Newell Ave, Portland 97203 | n/a | 32 | 32 | 2009 | 2023 or 2024 | 2038 or 2039 |
| Patton Park Apts 5272 N Interstate Ave, Portland 97217 | n/a | 54 | 54 | 2009 | 2023 or 2024 | 2038 or 2039 |
| Rose Schnitzer Tower 1430 SW 12th Ave, Portland 97201 | n/a | 235 | 235 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Shaver Green 375 NE Shaver St, Portland 97212 | n/a | 85 | 85 | 2009 | 2023 or 2024 | 2038 or 2039 |
| Mill Creek Meadows 200 25th St NE, Salem 97301 | 9% | 31 | 31 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Heather Glen 87962 Territorial Rd, Veneta 97487 | n/a | 27 | 27 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Charleston Apts 11609 SW Toulouse St, Wilsonville 97070 | n/a | 52 | 52 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Rain Garden Apts 29197 SW Orleans Ave, Wilsonville 97070 | n/a | 30 | 30 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Nuevo Amanecer I 1274 Fifth St, Woodburn 97071 | n/a | 50 | 50 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Nuevo Amanecer II 1274 Fifth St, Woodburn 97071 | n/a | 40 | 40 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Park Avenue Apts 1469 Park Ave, Woodburn 97071 | n/a | 26 | 26 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Fisterra Gardens Apts 101 Diveristy Drive, Yachats | n/a | 25 | 25 | 2008 | 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 Oregon: 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2032.