Year Fifteen
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Placed in service 2009

Tennessee tax credit properties at Year 15 in 2023

HUD's database lists 32 Tennessee properties placed in service in 2009, with 3,466 apartments (3,448 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.

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026, projects placed in service through 2024), with HUD's 2024 data dictionary. "Allocated" is the year the agency allocated credits, often a year or more before the property opened. Compliance and extended-use years are estimates from the placed-in-service year; an owner may have started credits a year later, buildings in one project can differ, and extended use shown is the federal minimum; where the agency reported a period over 30 years, it's noted. "No longer monitored" means the agency flagged the property as out of its LIHTC monitoring.
PropertyCreditUnitsLow-incomeAllocatedCompliance endsExtended use at least to
Crescent Park Estates
53 Autumn Valley Dr, Alamo 38001		TCEP only323220092023 or 20242038 or 2039
Hanover Ridge
2925 Baby Ruth Ln, Antioch 37013		TCEP only724420092023 or 20242038 or 2039
Weatherly Ridge Apts Phase I
731 Krohne Way, Antioch 37013		9%19219220062023 or 20242038 or 2039
Weatherly Ridge Apts Phase II
401 Kothe Ct, Antioch 37013		TCEP only484820082023 or 20242038 or 2039
Cane Creek Apts (Cookeville)
2500 W Jackson St, Cookeville 38501		TCEP only757620072023 or 20242038 or 2039
Lynnridge Apts
1293 Bluefield Ave, Elizabethton 37643		4% and 9%10010020082023 or 20242038 or 2039
Retreat At Dry Creek Farms Phase I
101 108 Robert Cartwright Driv, Goodlettsville 		4%17617620072023 or 20242038 or 2039
Autumn Wood Terrace Apts
1316 Tulip Grove Rd, Hermitage 37076		9%848420092023 or 20242038 or 2039
Mcmillan Towers
212 S Fairgrounds St, Jackson 38301		4% and 9%12412420092023 or 20242038 or 2039
Allen Creek
411 Allen Dr, Kingsport 37660		4%606020092023 or 20242038 or 2039
City View Apts
1029 Bloomingdale Pike, Kingsport 37660		TCEP only444420072023 or 20242038 or 2039
Berkley Spring
14 Good Hope Rd, Lawrenceburg 38464		9%424220072023 or 20242038 or 2039
Quail Run Estates
198 Falcon Dr, Mcminnville 37110		TCEP only505020062023 or 20242038 or 2039
April Woods Apts II
2453 Ruby Oaks Dr, Memphis 38106		n/a10510520062023 or 20242038 or 2039
Ashland Lakes Apts Phase II
5587 Berryman Dr, Memphis 38125		4%21221220082023 or 20242038 or 2039
Highland Gardens (Memphis)
491 N Highland St, Memphis 38122 · no longer monitored		4% and 9%646020072023 or 20242038 or 2039
Hilldale Apts
3538 Westline Dr, Memphis 38128		4% and 9%14814820092023 or 20242038 or 2039
Horn Lake Apts
229 233 Kolmar Dr, Memphis 		9%717120092023 or 20242038 or 2039
Legends Park East
284 Red Sox Ln, Memphis 38105		9%939320072023 or 20242038 or 2039
Mendenhall Housing
561 N Mendenhall Rd, Memphis 38117 · no longer monitored		4% and 9%757520072023 or 20242038 or 2039
North Terrace Apts
3236 Millington Rd, Memphis 38127 · no longer monitored		4% and 9%848420072023 or 20242038 or 2039
Northgate Apts
3201 Thomas St, Memphis 38127 · no longer monitored		4% and 9%888820072023 or 20242038 or 2039
Pershing Park Apts
3724 Pershing Park Dr, Memphis 38127		4% and 9%15716020092023 or 20242038 or 2039
University Place III LP
1045 E Eh Crump Blvd, Memphis 38104		4%939320072023 or 20242038 or 2039
Village Housing
2603 Pojest Dr, Memphis 38127 · no longer monitored		4% and 9%20020020072023 or 20242038 or 2039
Brookwood Terrace Apts
2743 S Rutherford Blvd, Murfreesboro 37130		TCEP only11212220092023 or 20242038 or 2039
Northfield Ridge Apts
2032 Empress Dr, Murfreesboro 37130		9%10810820092023 or 20242038 or 2039
Jefferson Street Lofts
1114 Fourth Ave N, Nashville 37208		9%717120082023 or 20242038 or 2039
Whispering Oaks
279 Tanglewood Ct, Nashville 37211		4% and 9%48248220092023 or 20242038 or 2039
Hallmark At Oak Ridge
500 Tuskegee Dr, Oak Ridge 37830		TCEP only727220062023 or 20242038 or 2039
Royce Hill Towns & Gardens
190 Hillside Rd, Oak Ridge 37830		9%727220092023 or 20242038 or 2039
Kensington Addition Apts II
427 Tammy Dr, Powell 37849		4% and 9%606020082023 or 20242038 or 2039

Watch one of these properties

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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 Tennessee: 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.