Placed in service 2014
Tennessee tax credit properties at Year 15 in 2028
HUD's database lists 14 Tennessee properties placed in service in 2014, with 1,048 apartments (771 low-income). If the credit period started that year, the 15-year compliance periods end around 2028, and extended use runs to at least 2043 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Mountain View Apts (Bristol) 3357 Avoca Rd, Bristol 37620 | 4% and 9% | 94 | n/a | 2013 | 2028 or 2029 | 2043 or 2044 |
| Stewart Place Apts 642 Myrtle Ave, Crossville 38555 | n/a | 72 | n/a | 2013 | 2028 or 2029 | 2043 or 2044 |
| Beasley Pointe Apts Beasley Dr, Dickson | n/a | 64 | 64 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Hillcourt Apts 535 Hillcourt Cir, Huntingdon 38344 | 4% and 9% | 39 | 39 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Fairway Manor 62 E Fairway Ave, Memphis 38109 | n/a | 96 | 96 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Heritage Landing Phase III 440 S Lauderdale St, Memphis 38126 | n/a | 105 | n/a | 2012 | 2028 or 2029 | 2043 or 2044 |
| Marshall Gardens Reasons Blvd, Milan | n/a | 48 | 48 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Henry Manor 425 North Henry Street, Morristown 37814 | 4% and 9% | 50 | 50 | 2014 | 2028 or 2029 | 2043 or 2044 |
| Cumberland Pointe Apts 2400 Buena Vista Pike, Nashville 37218 | n/a | 200 | 200 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Seven Hundred Five Woodland 705 Woodland St, Nashville 37206 | n/a | 60 | 54 | 2011 | 2028 or 2029 | 2043 or 2044 |
| Brookfield Apts 522 Harrison Ln, Paris 38242 | 4% and 9% | 50 | 50 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Harrison Meadows Apts 430 Harrison Ln, Paris 38242 | n/a | 50 | 50 | 2013 | 2028 or 2029 | 2043 or 2044 |
| The Grove At Kendal 413 Wilkinson Ln, White House 37188 | n/a | 48 | 48 | 2013 | 2028 or 2029 | 2043 or 2044 |
| White House Landing Maiden Ln, White House | n/a | 72 | 72 | 2013 | 2028 or 2029 | 2043 or 2044 |
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, 2026, 2027, 2029, 2030, 2031, 2032.