Placed in service 2009
Utah tax credit properties at Year 15 in 2023
HUD's database lists 9 Utah properties placed in service in 2009, with 471 apartments (443 low-income). If the credit period started that year, the 15-year compliance periods ended around 2023, and extended use runs to at least 2038 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Crown @ Beaver III 1321 East 160 North, Beaver 84713 · no longer monitored | 9% | 4 | 4 | 2009 | 2023 or 2024 | 2038 or 2039 |
| Crown At Delta 535 East 220 North, Delta 84624 | 9% | 3 | 3 | 2009 | 2023 or 2024 | 2038 or 2039 |
| Crown At Wheeler Park 271 East 2110 South, Heber City 84032 | 9% | 6 | 6 | 2009 | 2023 or 2024 | 2038 or 2039 |
| River Park Senior Housing I 784 Riverwalk Parkway, Logan 84321 | 9% | 22 | 22 | 2007 | 2023 or 2024 | 2038 or 2039 |
| River Park Senior Housing II 784 Riverwalk Parkway, Logan 84321 | 9% | 18 | 18 | 2008 | 2023 or 2024 | 2038 or 2039 |
| The Springs At Logan River III 1780 & 1778 South 1120 West, Logan 84321 | 9% | 56 | 56 | 2009 | 2023 or 2024 | 2038 or 2039 |
| Frontgate Apts. 4623 S. Urban Way, Murray 84107 | 4% | 128 | 128 | 2009 | 2023 or 2024 | 2038 or 2039 |
| Liberty Junction Apts. 2353 Junction Way, Ogden 84401 | 9% | 93 | 65 | 2007 | 2023 or 2024 | 2038 or 2039 |
| Palmer Court Apts. 999 South Main Street, Salt Lake City 84111 | 4% | 141 | 141 | 2008 | 2023 or 2024 | 2038 or 2039 |
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 Utah: 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.