Placed in service 2012
South Carolina tax credit properties at Year 15 in 2026
HUD's database lists 15 South Carolina properties placed in service in 2012, with 856 apartments (855 low-income). If the credit period started that year, the 15-year compliance periods end this year, and extended use runs to at least 2041 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Cypress Lane 310 W Gapway Rd, Andrews 29510 | 9% | 48 | 48 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Port Royal 11 Grober Hill Rd, Beaufort 29906 | 9% | 60 | 60 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Wellington Estates (M11-sg450937) 5025 Millrose Cir, Beech Island 29842 | 9% | 40 | 40 | 2011 | 2026 or 2027 | 2041 or 2042 |
| May River Village 5670 Patriot Ln, Bluffton 29910 | 9% | 68 | 68 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Arcadia Park 2400 Kneece Rd, Columbia 29223 | 9% | 60 | 60 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Mcgowan Commons 703 Mechanic St, Florence 29506 | 9% | 36 | 36 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Cloverfield Estates (M11-sg450936) 500 Crawford Hill Rd, Greenville 29617 | 9% | 48 | 48 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Parker At Cone 50 Blease St, Greenville 29609 | 9% | 64 | 64 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Parkside At Verdae 740 Woodruff Rd, Greenville 29607 | 9% | 56 | 56 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Pelham Village 1001 Toscano Ct, Greenville 29615 | 9% | 60 | 60 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Bridle Station 44 Boulware Rd, Lugoff 29078 | 9% | 48 | 48 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Greentree North 2630 Otranto Rd, North Charleston 29406 | 4% and 9% | 96 | 96 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Pendleon Properties 210 Kirk Ln, Pendleton 29670 | n/a | 50 | 49 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Oak Hollow 3009 Tree Canopy Dr, Summerville 29485 | 9% | 44 | 44 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Brittany Manor 296 Meansville Rd, Union 29379 | 4% and 9% | 78 | 78 | 2010 | 2026 or 2027 | 2041 or 2042 |
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 South Carolina: 2023, 2024, 2025, 2027, 2028, 2029, 2030, 2031, 2032.