Placed in service 2014
Oregon tax credit properties at Year 15 in 2028
HUD's database lists 17 Oregon properties placed in service in 2014, with 1,352 apartments (1,341 low-income). If the credit period started that year, the 15-year compliance periods end around 2028, and extended use runs to at least 2043 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Ariel Glen Apts Site 1 1700 SE Tempest Dr, Bend 97702 | 4% | 70 | 70 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Healy Heights Apts Site 2 1900 NE Bear Creek Rd, Bend 97702 | n/a | 70 | 70 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Siuslaw Dunes 1750 43rd Street, Florence 97439 | 9% | 45 | 38 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Easton Ridge Apts 9009 SE Causey Ave, Happy Valley 97086 | 9% | 264 | 263 | 2014 | 2028 or 2029 | 2043 or 2044 |
| Cherry Creek I 1002 N Berkeley Way, Medford 97504 | n/a | 50 | 49 | 2014 | 2028 or 2029 | 2043 or 2044 |
| Deskins Commons 1103 N Meridian St, Newberg 97132 | n/a | 56 | 55 | 2014 | 2028 or 2029 | 2043 or 2044 |
| Brookside Rose Apts Site 1 933 N Rose St, Phoenix 97535 | 9% | 76 | 76 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Brookside Rose Apts Site 2 1108 N Rose St, Phoenix 97535 | n/a | 36 | 35 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Beech Street Apts 3650 NE Mallory Ave, Portland 97212 | 9% | 32 | 32 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Cathedral Gardens Apts 8652 N Swift Way, Portland 97203 | 4% | 124 | 124 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Glisan Commons Phase I 555 NE 100th Ave, Portland 97220 | n/a | 67 | 67 | 2014 | 2028 or 2029 | 2043 or 2044 |
| Stephens Creek Crossing North 6783 SW 26th Ave, Portland 97219 | 9% | 75 | 75 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Stephens Creek South 6851 SW 26th Ave, Portland 97219 | n/a | 47 | 47 | 2014 | 2028 or 2029 | 2043 or 2044 |
| Parkway East Apts Site 2 3147 7th Pl NE, Salem 97303 | n/a | 46 | 46 | 2014 | 2028 or 2029 | 2043 or 2044 |
| Parkway West 3103-3129 7th Pl NE, Salem 97303 | 9% | 78 | 78 | 2014 | 2028 or 2029 | 2043 or 2044 |
| Robert Lindsey Tower Site 1 370 Church St SE, Salem 97301 | 4% | 108 | 108 | 2014 | 2028 or 2029 | 2043 or 2044 |
| Robert Lindsey Tower/parkway East Apts 370 Church Street SE, Salem 97303 | n/a | 108 | 108 | n/a | 2028 or 2029 | 2043 or 2044 |
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: 2023, 2024, 2025, 2026, 2027, 2029, 2030, 2032.