Placed in service 2012
Tennessee tax credit properties at Year 15 in 2026
HUD's database lists 25 Tennessee properties placed in service in 2012, with 1,816 apartments (1,816 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 |
|---|---|---|---|---|---|---|
| Lee Manor Apts 1800 Lee Dr, Athens 37303 | 4% and 9% | 90 | 90 | 2012 | 2026 or 2027 | 2041 or 2042 |
| Eastland Place Apts 104 Sharon Ct, Blaine 37709 | TCEP only | 64 | 64 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Lakeview Subdivision 198 Lakeview Cir, Brownsville 38012 | n/a | 60 | 60 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Deer Ridge Apts 201 Oakdale Rd, Camden 38320 | n/a | 52 | 52 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Sunrise Village Apts 166 Wood Ave, Camden 38320 | n/a | 39 | 39 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Alton Place Apts 233 Croll Ct, Chattanooga 37410 | n/a | 88 | 88 | 2012 | 2026 or 2027 | 2041 or 2042 |
| Maple Hill Apts 1993 Maple Hills Way, Chattanooga 37406 | n/a | 48 | 48 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Needmore Place 290 Needmore Rd, Clarksville 37040 | n/a | 100 | 100 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Cumberland Way Apts 90 92 Brent St, Decherd | TCEP only | 48 | 48 | 2010 | 2026 or 2027 | 2041 or 2042 |
| East Haven Apts 1766 Winchester Hwy, Fayetteville 37334 | TCEP only | 40 | 40 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Sterling Greene 111 Sterling Greene Cir, Fayetteville 37334 | TCEP only | 48 | 48 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Gallatin Park Apts 255 Albert Gallatin Ave, Gallatin 37066 | TCEP only | 48 | 48 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Ridgewood Apts 2045 Hwy 41 S, Greenbrier 37073 | 4% | 120 | 120 | 1995 | 2026 or 2027 | 2041 or 2042 |
| Miller Village 3836 Eastline Dr, Kingsport 37664 | 4% and 9% | 153 | 153 | 2012 | 2026 or 2027 | 2041 or 2042 |
| Willow Place Apts 216 Fair St, Livingston 38570 | 4% and 9% | 41 | 41 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Chapel Place Homes 5257 Whistling Duck Dr, Memphis 38109 | TCEP only | 87 | 87 | 2008 | 2026 or 2027 | 2041 or 2042 |
| Cleaborn Home Redevelopment 1 460 S Lauderdale St, Memphis 38126 | n/a | 84 | 84 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Crescent Bluff Apts 25 E Virginia Ave, Memphis 38106 | n/a | 72 | 72 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Northside Manor Apts 4143 Second Northside Dr, Memphis 38127 | 4% and 9% | 150 | 150 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Ryman Lofts At Rolling Mill Hill 100 Middleton Cir, Nashville 37215 | 9% | 60 | 60 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Skyline Village Apts 3225 Creekwood Dr, Nashville 37207 | 9% | 24 | 24 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Terrace Park Townhomes Phase II 3110 Elm Hill Pike, Nashville 37214 | 4% and 9% | 172 | 172 | 2012 | 2026 or 2027 | 2041 or 2042 |
| Greenbriar Apts (Spencer) 427 Drake Shockley St, Spencer 38585 | 4% and 9% | 32 | 32 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Monroe Ridge Apts 100 Telford Rd, Sweetwater 37874 | TCEP only | 48 | 48 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Briarwood Apts 116 Guy Barnett Dr, Waverly 37185 | TCEP only | 48 | 48 | 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 Tennessee: 2023, 2024, 2025, 2027, 2028, 2029, 2030, 2031, 2032.