Placed in service 2016
Tennessee tax credit properties at Year 15 in 2030
HUD's database lists 41 Tennessee properties placed in service in 2016, with 3,283 apartments (3,279 low-income). If the credit period started that year, the 15-year compliance periods end around 2030, and extended use runs to at least 2045 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Greenwood Place 265 Quinland Place, Algood 38506 | 4% and 9% | 64 | 64 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Forest Oaks Apartments 2150 Bell Street, Ashland City 37015 | 4% and 9% | 41 | 41 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Raines East 103 Young Road, Bolivar 38008 | 9% | 64 | 64 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Red Oaks Apartments 100 Schools Drive, Camden 38320 | 4% and 9% | 38 | 38 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Creekwood Apartments 115 Bradford Place, Carthage 37030 | 4% and 9% | 32 | 32 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Southern Oaks Apartments 1001 Gainesboro Highway, Celina 38551 | 4% and 9% | 42 | 42 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Cherokee Hills Apartments 2020 Bates Pike SE, Cleveland 37311 | 4% and 9% | 96 | 96 | 2015 | 2030 or 2031 | 2045 or 2046 |
| The Preserve At Hardwick 4921 N. Lee Highway, Cleveland 11111 | 9% | 80 | 80 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Beverly Hills Apartments 50 Beverly Hills Circle, Crossville 38555 | 4% and 9% | 43 | 43 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Mountain Village Apartments 30 Mountain Village Lane, Crossville 38555 | 4% and 9% | 48 | 47 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Hidden Valley Apartments 501 Hidden Valley Rd, Dayton 37321 | 4% and 9% | 72 | 72 | 2013 | 2030 or 2031 | 2045 or 2046 |
| Cambridge Apartments 118 Cambridge Court, Dover 37058 | 4% and 9% | 48 | 48 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Shamrock Apartments 11 Shamrock Dr, Erin 37061 | 4% and 9% | 42 | 42 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Reddick Street Apartments 157 Strahl Street, Franklin 37064 | 9% | 65 | 65 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Waterview Apartments 1300 Waterview Circle, Hendersonville 37075 | 4% and 9% | 160 | 160 | 2016 | 2030 or 2031 | 2045 or 2046 |
| Fentress Oaks Apartments 428 Lawson Street, Jamestown 38556 | 4% | 32 | 32 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Holston Oaks Apartments 1930 Natchez Avenue, Knoxville 37915 | 4% and 9% | 198 | 198 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Lafayette Landing 155 Lafayette Landing Drive, Lafayette 37083 | 9% | 60 | 60 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Oliver Crossing 105 Beech Street, Linden 37096 | 9% | 24 | 24 | 2014 | 2030 or 2031 | 2045 or 2046 |
| River Retreat Apartments 800 Cheyenne Blvd, Madison 37115 | 4% and 9% | 144 | 145 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Partridge Meadows Apartments 460 Oriole Drive, Mcminnville 37110 | 4% and 9% | 48 | 48 | 2015 | 2030 or 2031 | 2045 or 2046 |
| John Madison Exum Towers I & II 3125 & 3155 Sharpe Avenue, Memphis 38111 | 4% and 9% | 239 | 239 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Wesley Highland Meadows 3517 Andy Way Lane, Memphis 38128 | 4% and 9% | 200 | 200 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Heritage Villas Apts 4040 Reasons Blvd., Milan 38358 | 4% and 9% | 48 | 48 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Chloe Lane 5290 Old White Pine Road, Morristown 37813 | 9% | 41 | 40 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Rutledge Place 792 Seymour St, Morristown 37813 | 9% | 64 | 64 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Abbington At Stones River 1335 Bradyville Pike, Murfreesboro 37130 | 4% and 9% | 96 | 96 | 2016 | 2030 or 2031 | 2045 or 2046 |
| Green Meadow Apartments 425 Warrior Drive, Murfreesboro 37128 | 4% and 9% | 112 | 112 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Rutherford Woodlands Apartments 1310 N Rutherford Boulevard, Murfreesboro 37130 | 4% and 9% | 96 | 96 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Biltmore Place Apartments 830 Glastonbury Road, Nashville 37217 | 4% and 9% | 176 | 176 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Cherokee Square Apartments 2013 Brown Dr., Rogersville 37857 | 4% and 9% | 30 | 30 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Southwood Apartments 1701 Austin Street, Savannah 38373 | 4% and 9% | 44 | 43 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Imperial Garden Apartments 1 Imperial Blvd., Smyrna 37167 | 4% and 9% | 300 | 300 | 2017 | 2030 or 2031 | 2045 or 2046 |
| Bluegrass Village Apartments 430 Jernigan Drive, Somerville 38068 | 4% and 9% | 40 | 39 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Turnrow East And West Side Of Jernigan Drive; 2600 Feet, Somerville 38068 | 9% | 56 | 56 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Eaglewood Estates 305 Connell Drive, South Fulton 38527 | 4% and 9% | 40 | 40 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Southside Manor 722 Broadway Street, South Fulton 38257 | 4% and 9% | 66 | 66 | 2014 | 2030 or 2031 | 2045 or 2046 |
| The Peaks Of Tazewell 474 Tom Ball Road, Tazewell 37879 | 9% | 56 | 56 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Ware Park 1464 E. Cheatham St., Union City 38261 | 9% | 64 | 64 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Oakwood Village 2021 Oakwood Drive, Westmoreland 37186 | 4% and 9% | 26 | 25 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Clearview Apartments 3318 Highway 31 S, White House 37188 | 4% and 9% | 48 | 48 | 2015 | 2030 or 2031 | 2045 or 2046 |
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, 2029, 2031, 2032.