Placed in service 2015
Oregon tax credit properties at Year 15 in 2029
HUD's database lists 11 Oregon properties placed in service in 2015, with 506 apartments (496 low-income). If the credit period started that year, the 15-year compliance periods end around 2029, and extended use runs to at least 2044 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Woodwind Fka Woodland Square 1415 Salem Ave SE, Albany 97321 | 9% | 54 | 54 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Julian Hotel Apts 105 SW 2nd St, Corvallis 97333 | 9% | 35 | 35 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Bascom Village Phase I 3090 Matt Drive, Eugene 97408 | 9% | 53 | 53 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Orchards At Orenco Ph 1, The 6520 NE Cherry Drive, Hillsboro 97124 | 9% | 57 | 57 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Blue Springs Crossing 10800 S Walton Rd, Island City 97850 | 9% | 38 | 38 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Ikoi-so Terrace 1550 SE Oak Grove Blvd, Milwaukie 97267 | 9% | 35 | 35 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Erickson-fritz Apts 9 NW 2nd Ave, Portland 97209 | 4% | 62 | 52 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Gilman Court Fka Glisan Commons Phase II 610 NE 99th Ave, Portland 97220 | 9% | 60 | 60 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Reindeer Meadows 1601 SW Reindeer Ave, Redmond 97756 | 4% | 50 | 50 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Bluffs At Ratcliff 3202 Bluff Street SE, Salem 97302 | 9% | 20 | 20 | 2015 | 2029 or 2030 | 2044 or 2045 |
| Village East Apts - Springfield 6330 Main Street, Springfield 97478 | 9% | 42 | 42 | 2014 | 2029 or 2030 | 2044 or 2045 |
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, 2028, 2030, 2032.