Placed in service 2009
Puerto Rico tax credit properties at Year 15 in 2023
HUD's database lists 18 Puerto Rico properties placed in service in 2009, with 1,320 apartments (1,320 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 |
|---|---|---|---|---|---|---|
| Vista Alegre Public Housing 1 J Camacho St, Aguas Buenas | 4% and 9% | 74 | 74 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Brisas De Bayamon Public Housing 1 Ave Comerio, Bayamon 00961 | 4% and 9% | 84 | 84 | 2008 | 2023 or 2024 | 2038 or 2039 |
| El Dorado Public Housing 1 360 Calle Mendez Vigo, Dorado 00646 | 4% and 9% | 32 | 32 | 2008 | 2023 or 2024 | 2038 or 2039 |
| San Antonio (Carioca) Public Housing 1 St Vicente Pales Este Final, Guayama | 4% and 9% | 42 | 42 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Monserrate Elderly Apts II Pr 2 Km 164, Hormigueros | 4% and 9% | 36 | 36 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Hogar Manuel Mediavilla Negron Intrs Rosalinda Brindi Sts, Humacao | TCEP only | 100 | 100 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Salinas Elderly Pr 3 Km 157 9, Juana Diaz | 4% and 9% | 84 | 84 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Alturas De Castaner Pr 135 Km 65 4 Int Bo Bartolo, Lares | 4% and 9% | 24 | 24 | 2007 | 2023 or 2024 | 2038 or 2039 |
| La Ceiba Public Housing 1 Acacia St, Ponce | 4% and 9% | 112 | 112 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Ponce Darlington 9113 Calle Marina, Ponce 00717 | 4% and 9% | 150 | 150 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Ponce De Leon Public Housing 1 1649 W St SE, Ponce | 4% | 52 | 52 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Egida-asoc Miembros Policia Pr-guaynabo Pr 1 Km 20, San Juan | 4% and 9% | 117 | 117 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Jardines De Campo Rico Public Housing 1 State Rd 3, San Juan | 4% and 9% | 89 | 89 | 2008 | 2023 or 2024 | 2038 or 2039 |
| La Egida Del Perpetuo Socorro 3 Calle Amapola, San Juan 00927 | 4% and 9% | 66 | 66 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Las Dalias Public Housing Turin St, San Juan | 4% and 9% | 104 | 104 | 2008 | 2023 or 2024 | 2038 or 2039 |
| La Lorenzana Public Housing 1 Road 183 San Lorenzo A Caguas, San Lorenzo | 4% and 9% | 60 | 60 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Andres Mendez Liceaga Public Housing 1 Residencial Andres Mendez Liceaga, San Sebastian | 4% and 9% | 48 | 48 | 2008 | 2023 or 2024 | 2038 or 2039 |
| Las Violetas Public Housing 1 State Rd 2 Km 28 9, Vega Alta | 4% | 46 | 46 | 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 Puerto Rico: 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.