Year Fifteen
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Placed in service 2009

Vermont tax credit properties at Year 15 in 2023

HUD's database lists 14 Vermont properties placed in service in 2009, with 410 apartments (380 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.

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026, projects placed in service through 2024), with HUD's 2024 data dictionary. "Allocated" is the year the agency allocated credits, often a year or more before the property opened. Compliance and extended-use years are estimates from the placed-in-service year; an owner may have started credits a year later, buildings in one project can differ, and extended use shown is the federal minimum; where the agency reported a period over 30 years, it's noted. "No longer monitored" means the agency flagged the property as out of its LIHTC monitoring.
PropertyCreditUnitsLow-incomeAllocatedCompliance endsExtended use at least to
Bellows Falls - Pine
11 Pine St, Bellows Falls 05101		4% and 9%111120092023 or 20242038 or 2039
Bellows Falls (Williams & South)
66 Williams St, Bellows Falls 05101		4%171720102023 or 20242038 or 2039
Abbott Neighborhood Housing
172 Elliot St, Brattleboro 05301		4% and 9%282520082023 or 20242038 or 2039
King Street - Howard Block
88 King St, Burlington 05401		9%181720072023 or 20242038 or 2039
Salmon Run Redevelopment
220 Riverside Ave, Burlington 05401		4%796120112023 or 20242038 or 2039
Brookside Apts - Colchester
101 Morehouse Dr, Colchester 05446		n/a363620092023 or 20242038 or 2039
Pleasant Street Apts Redevelopment
30 Kenneson Dr, Enosburg Falls 05450		4%242420102023 or 20242038 or 2039
Essex Senior Housing (Town Meadow)
22 Carmichael St, Essex 05452		4%474720092023 or 20242038 or 2039
Meadowlane Apts Redevelopment
36 Villemaire Ln, Milton 05468		4% and 9%363520082023 or 20242038 or 2039
Newport Senior Housing
107 Main St, Newport 05855		4%131320092023 or 20242038 or 2039
Rutland Scattered III
42 Pine St, Rutland 05701		4% and 9%252420082023 or 20242038 or 2039
Wheeler Brook Housing
31 Wheeler Brook Dr, Warren 05674		9%181820072023 or 20242038 or 2039
6 Union St
1 Union St, Windsor 05089		4%151520102023 or 20242038 or 2039
Namco Block Allocated
1 Union St, Windsor 05089		4%433720082023 or 20242038 or 2039

Watch one of these properties

Pick a property and we'll email when it moves closer to Year 15 (inside two years, then inside one) or when HUD's record for it changes in a new release. Every Vermont property is in the download on the data page.

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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 Vermont: 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.