Placed in service 2011
Utah tax credit properties at Year 15 in 2025
HUD's database lists 13 Utah properties placed in service in 2011, with 879 apartments (847 low-income). If the credit period started that year, the 15-year compliance periods ended around 2025, and extended use runs to at least 2040 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Rosewood Place 21, 23, 25, 27 N. 300 E., American Fork 84003 | 9% | 12 | 12 | 2010 | 2025 or 2026 | 2040 or 2041 |
| Cottonwood Grove 960 Cotton Grove Drive, Brigham City 84302 | 9% | 56 | 55 | 2010 | 2025 or 2026 | 2040 or 2041 |
| Cottonwood Grove II 880 West 575 South, Brigham City 84302 | 9% | 56 | 56 | 2011 | 2025 or 2026 | 2040 or 2041 |
| Palisade Park Apts. 470 East 100 South, Ephraim 84627 | 9% | 36 | 35 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Clark Cove Cottages 316 E. Clark Street, Grantsville 84029 | 9% | 24 | 24 | 2010 | 2025 or 2026 | 2040 or 2041 |
| Timbergate Apartments 5605 W 11830 S, Herriman 84096 | 4% | 288 | 258 | 2011 | 2025 or 2026 | 2040 or 2041 |
| Crown At Bridge Crossing 295 West 100 North, Myton 84052 | 9% | 4 | 4 | 2011 | 2025 or 2026 | 2040 or 2041 |
| Elmhurst Apts. 2432 Van Buren Avenue, Ogden 84401 | 4% and 9% | 15 | 15 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Providence Place Apts. 309 East 100 South, Salt Lake City 84111 | 4% | 125 | 125 | 2012 | 2025 or 2026 | 2040 or 2041 |
| Taylor Springs Apts. 1812 S West Temple, Salt Lake City 84115 | 9% | 95 | 95 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Ashfield Apts. 2711 West 450 North, Tremonton 84337 | 9% | 48 | 48 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Vernal Gardens Apartments 342 South 1350 West, Vernal 84078 | 9% | 48 | 48 | 2010 | 2025 or 2026 | 2040 or 2041 |
| West Jordan Senior Housing II 7832 South 3200 West, West Jordan 84088 | 9% | 72 | 72 | 2010 | 2025 or 2026 | 2040 or 2041 |
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, 2024, 2026, 2027, 2028, 2029, 2030, 2031, 2032.