Placed in service 2015
Vermont tax credit properties at Year 15 in 2029
HUD's database lists 11 Vermont properties placed in service in 2015, with 383 apartments (290 low-income). If the credit period started that year, the 15-year compliance periods end around 2029, and extended use runs to at least 2044 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Bennington Historic Rehabilitation Project 119-121 Pleasant St; 233 School St; 316 + 318 Safford St; 50 + 100 Carrigan Lane, Bennington 05201 | 4% | 26 | 23 | 2017 | 2029 or 2030 | 2044 or 2045 |
| Pe 2 - Putney + Brattleboro Housing Opportunities 27 Old Depot Rd (Putney); 14 Birge Street + 21 Horton Place, Brattleboro 05301 | 4% and 9% | 25 | 23 | 2015 | 2029 or 2030 | 2044 or 2045 |
| Winchester Place Route 15, Colchester 05446 | 4% | 148 | 76 | 2016 | 2029 or 2030 | 2044 or 2045 |
| Kelley's Field 87 Kelley's Field Road, Hinesburg 05461 | 4% | 24 | 24 | 2016 | 2029 or 2030 | 2044 or 2045 |
| Black River Overlook Rublee Lane, Ludlow 05149 | 9% | 22 | 20 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Darling Inn 76 Depot Street, Lyndonville 05851 | 4% | 28 | 27 | 2016 | 2029 or 2030 | 2044 or 2045 |
| North Pleasant Street 31, 51, 56 John Graham Court, Middlebury 05753 | 9% | 22 | 22 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Barre Street Apartments 39-40 Barre St, Montpelier 05602 | 4% | 19 | 17 | 2016 | 2029 or 2030 | 2044 or 2045 |
| Watkins School And Carriage House Apartments 26 Watkins Avenue, Rutland 05701 | 9% | 14 | 14 | 2013 | 2029 or 2030 | 2044 or 2045 |
| South Main Apartments 36 State Drive, Waterbury 05671 | 9% | 27 | 21 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Safford Commons Woodstock Road, Woodstock 05091 | 9% | 28 | 23 | 2014 | 2029 or 2030 | 2044 or 2045 |
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, 2027, 2028, 2030, 2031, 2032.