Placed in service 2013
Vermont tax credit properties at Year 15 in 2027
HUD's database lists 9 Vermont properties placed in service in 2013, with 192 apartments (153 low-income). If the credit period started that year, the 15-year compliance periods end around 2027, and extended use runs to at least 2042 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Benson Heights 2747 Stage Rd, Benson 05743 | 4% | 15 | 15 | 2014 | 2027 or 2028 | 2042 or 2043 |
| Brandon Scattered Site (Thayer) Conant Sq, Brandon | 9% | 27 | 25 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Packard Lofts 237 N Ave, Burlington 05401 | 4% | 25 | 5 | 2013 | 2027 or 2028 | 2042 or 2043 |
| Thayer House Phase II 1197 N Ave, Burlington 05408 | 4% | 36 | 33 | 2013 | 2027 or 2028 | 2042 or 2043 |
| Chester Gage 213 Gage St, Chester | 4% | 12 | 12 | 2013 | 2027 or 2028 | 2042 or 2043 |
| Algiers II Village Housing 91 Guilford Ctr Rd, Guilford 05301 | 9% | 17 | 14 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Lamoille View Redevelopment 165 Park St, Morrisville 05661 | 4% | 25 | 25 | 2013 | 2027 or 2028 | 2042 or 2043 |
| Hickory Street Phase II 13 Hickory St, Rutland 05701 | 9% | 23 | 18 | 2013 | 2027 or 2028 | 2042 or 2043 |
| West River Valley Assisted Living Phase II 461 Grafton Rd, Townshend 05353 | 9% | 12 | 6 | 2012 | 2027 or 2028 | 2042 or 2043 |
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: 2023, 2024, 2025, 2026, 2028, 2029, 2030, 2031, 2032.