Placed in service 2015
Tennessee tax credit properties at Year 15 in 2029
HUD's database lists 23 Tennessee properties placed in service in 2015, with 1,880 apartments (1,880 low-income). If the credit period started that year, the 15-year compliance periods end around 2029, and extended use runs to at least 2044 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Garden Grove Apartments 300 Quinland Lake Rd, Allgood 38501 | 4% and 9% | 40 | 40 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Hickory Lake Apts 3940 Apache Trail, Antioch 37013 | n/a | 322 | 322 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Anderson Hall Apts Charles Seivers Blvd, Clinton | n/a | 72 | 72 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Cedar Pointe 100 Timber Trail, Columbia 38401 | 4% and 9% | 112 | 112 | 2015 | 2029 or 2030 | 2044 or 2045 |
| Northside Drive Apts 250 Northside Ln, Crossville 38571 | n/a | 40 | 40 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Ridgeview Apts (Gallatin) 418 S Westland Ave, Gallatin 37066 | n/a | 38 | 38 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Hohenwald Village Apts 149 Village Ln, Hohenwald 38462 | n/a | 48 | 48 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Cedar Grove Village 1003 Milligan Hwy, Johnson City 37601 | n/a | 38 | 38 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Stonewall I & Stonewall II 3423 Sevier Avenue, Knoxville 37920 | 4% and 9% | 146 | 146 | 2015 | 2029 or 2030 | 2044 or 2045 |
| Townview Towers Apartments 1100 Lula Powell Drive, Knoxville 37915 | 4% and 9% | 299 | 299 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Golden Oaks Village 101 Golden Oaks Dr., Lafayette 37083 | 4% and 9% | 57 | 57 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Canter Chase Apts Clearview Ave, Lawrenceburg | n/a | 56 | 56 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Loudon Hall Apts Mcghee Blvd, Lenoir City | n/a | 56 | 56 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Maple Grove Apts 1230 S Ellington Pkwy, Lewisburg 37091 | n/a | 90 | 90 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Lobelville Village Apartments 216 Rose Street, Lobelville 37097 | 4% and 9% | 32 | 32 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Stone Gate Apartments Rt 4 Box 432, Prospect Rd, Maynardville 37807 | 4% and 9% | 32 | 32 | 2015 | 2029 or 2030 | 2044 or 2045 |
| Memphis Triangle Phase IV 440 S Lauderdale St, Memphis 38126 | n/a | 67 | 67 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Uptown Manor Senior Development 580 Grace Manor Cove, Memphis 38107 | 4% | 50 | 50 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Fairway Apts 2021 N Economy Rd, Morristown 37814 | n/a | 77 | 77 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Mt Pleasant Village Apts 821 N Main St, Mt Pleasant 38474 | n/a | 32 | 32 | 2013 | 2029 or 2030 | 2044 or 2045 |
| New Blossom Apts 0 S Third St, Nashville | n/a | 64 | 64 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Cedar Glades Apts Cedar Glade Cir, Shelbyville | n/a | 64 | 64 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Reelfoot Apartments 1331 Hillsboro Street, Union City 38261 | 4% and 9% | 48 | 48 | 2014 | 2029 or 2030 | 2044 or 2045 |
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, 2028, 2030, 2031, 2032.