Year Fifteen
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Placed in service 2010

Tennessee tax credit properties at Year 15 in 2024

HUD's database lists 13 Tennessee properties placed in service in 2010, with 1,158 apartments (1,166 low-income). If the credit period started that year, the 15-year compliance periods ended around 2024, and extended use runs to at least 2039 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
Water Mill Apts
7201 Caspian Dr, Fairview 37062		TCEP only888820082024 or 20252039 or 2040
Centennial Pass
100 Millennium Dr, Jackson 38301		9%484820082024 or 20252039 or 2040
Model City (Stonecrest)
1000 Stonegate Rd, Kingsport 37660		4% and 9%25625620102024 or 20252039 or 2040
Riverview Place
218 Louis St, Kingsport 37660		TCEP only383820082024 or 20252039 or 2040
Minvilla Manor
447 N Broadway St, Knoxville 37917		9%575720102024 or 20252039 or 2040
Park Ridge Estates Of Lawrenceburg
109 Richsmith Dr, Lawrenceburg 38464		TCEP only434420092024 or 20252039 or 2040
Town Creek Village
171 Cory Dr, Lenoir City 37771		TCEP only969620082024 or 20252039 or 2040
Beersheeba Heights Towers
420 E Main St, Mcminnville 37110		4% and 9%10010020092024 or 20252039 or 2040
East River Place Apts
205 N Eighth St, Nashville 37206		TCEP only898920072024 or 20252039 or 2040
Parkwood Villa Apts
3258 Brick Church Pike, Nashville 37207		4% and 9%15316020092024 or 20252039 or 2040
Gist Creek Apts
446 Gists Creek Rd, Sevierville 37876		TCEP only484820082024 or 20252039 or 2040
The Ridge At Shelbyville
260 Anthony Ln, Shelbyville 37160		TCEP only727220082024 or 20252039 or 2040
Sherwood Forest
200 Friar Tuck Cir, Smyrna 37167		TCEP only707020102024 or 20252039 or 2040

Watch one of these properties

Pick a property and we'll email when it moves closer to Year 15 (inside two years, then inside one) or when HUD's record for it changes in a new release. Every Tennessee property is in the download on the data page.

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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: 2023, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.