Placed in service 2010
Utah tax credit properties at Year 15 in 2024
HUD's database lists 13 Utah properties placed in service in 2010, with 722 apartments (720 low-income). If the credit period started that year, the 15-year compliance periods ended around 2024, and extended use runs to at least 2039 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Crown At Nichols Landing 4958 North 2050 E. Abby Way, Enoch 84721 | 9% | 5 | 5 | 2010 | 2024 or 2025 | 2039 or 2040 |
| Bear Hollow Apts. 340 West 320 North, Garden City 84028 | 9% | 24 | 24 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Newhouse & Avalon House Apts. 11 West Main Street, Helper 84501 | 4% and 9% | 51 | 51 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Stonehedge III Apts. 225 North Fairfield Road, Layton 84041 | 4% | 60 | 59 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Florentine Villas 7497 S. Siena Vista Lane, Midvale 84047 | 4% | 214 | 213 | 2011 | 2024 or 2025 | 2039 or 2040 |
| Madison Manor Apts. 2434 Madison Avenue, Ogden 84401 | 4% and 9% | 46 | 46 | 2009 | 2024 or 2025 | 2039 or 2040 |
| Crown At Poco Acres 168 E 1800 S, Roosevelt 84066 | 9% | 4 | 4 | 2010 | 2024 or 2025 | 2039 or 2040 |
| Liberty Citywalk Apts. 210 South 300 East, Salt Lake City 84111 | 9% | 73 | 73 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Riverwood Cove Apts. 582 Riverside Drive A, Salt Lake City 84116 | 4% and 9% | 110 | 110 | 2009 | 2024 or 2025 | 2039 or 2040 |
| Smith Apts. 688 East 700 South, Salt Lake City 84102 | 4% and 9% | 38 | 38 | 2009 | 2024 or 2025 | 2039 or 2040 |
| Crown At Spring Meadows 737 West 350 South, Vernal 84078 | 9% | 4 | 4 | 2010 | 2024 or 2025 | 2039 or 2040 |
| Heritage House Apts. 277 East 5000 South, Washington Terrace 84405 | 4% | 34 | 34 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Kelly Benson Apts. 3122 South 3600 West, West Valley City 84120 | 9% | 59 | 59 | 2009 | 2024 or 2025 | 2039 or 2040 |
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: 2023, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.