Placed in service 2018
Utah tax credit properties at Year 15 in 2032
HUD's database lists 12 Utah properties placed in service in 2018, with 1,148 apartments (1,027 low-income). If the credit period started that year, the 15-year compliance periods end around 2032, and extended use runs to at least 2047 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Pacific Drive 559 W. Pacific Court Circle, American Fork 84003 | 9% | 26 | 18 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Crown At Mountain Shadows Lot 11 & 20 Mountain Shadows, Beaver 84713 | 9% | 4 | 4 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Brigham Place - II 200 East 850 South, Brigham City 84302 | 9% | 48 | 42 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Veranda Apartments 448 West 13490 South, Draper 84020 | 4% | 239 | 239 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Willow Creek Apartments 236 West Plum Street, Grantsville 84029 | 4% | 62 | 62 | 2017 | 2032 or 2033 | 2047 or 2048 |
| The Station At Pleasant View III 1148 West Spring Valley Dr., Pleasant View 84025 | 4% | 128 | 128 | 2018 | 2032 or 2033 | 2047 or 2048 |
| Artesian Springs Apartments Phase III 36 East Columbia Ave, Salt Lake City 84107 | 4% | 134 | 120 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Bodhi Salt Lake City 750 W. South Temple, Salt Lake City 84104 | 9% | 80 | 60 | 2015 | 2032 or 2033 | 2047 or 2048 |
| North Temple Flats 1999 W North Temple, Salt Lake City 84116 | 9% | 168 | 96 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Arcadia Apartments 222 W. Harrison Street, Sandy 84070 | 4% | 211 | 211 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Summerhill 2 1287 West 360 North, St. George 84770 | 4% | 24 | 24 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Summerhill I 360 North Valley View Drive, St. George 84770 | 4% | 24 | 23 | 2016 | 2032 or 2033 | 2047 or 2048 |
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, 2025, 2026, 2027, 2028, 2029, 2030, 2031.