Placed in service 2017
Vermont tax credit properties at Year 15 in 2031
HUD's database lists 14 Vermont properties placed in service in 2017, with 372 apartments (344 low-income). If the credit period started that year, the 15-year compliance periods end around 2031, and extended use runs to at least 2046 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Applegate Redevelopment Applegate Dr, Bennington 05201 | 4% | 104 | 89 | 2017 | 2031 or 2032 | 2046 or 2047 |
| Battenkill North Apts 212 Safford St, Bennington 05201 | 4% | 22 | 21 | 2017 | 2031 or 2032 | 2046 or 2047 |
| Colonial Village South Pleasant And South Main St, Bradford 05033 | 4% | 21 | 21 | 2017 | 2031 or 2032 | 2046 or 2047 |
| Great River Terrace 1334-1356 Putney Road, Brattleboro 05301 | 9% | 22 | 22 | 2017 | 2031 or 2032 | 2046 or 2047 |
| 95 North Avenue - Cots 95 North Ave, Burlington 05401 | 9% | 14 | 14 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Hartford Scattered Site Project Christian St, Va Cutoff Rd, Hartford 05047 | 9% | 35 | 33 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Hollister Hill Apartments 42 Austin Road, Marshfield 05658 | 9% | 16 | 16 | 2017 | 2031 or 2032 | 2046 or 2047 |
| Sugarwood Apartments Sugarwood Court, Middlebury 05753 | 4% | 12 | 12 | 2017 | 2031 or 2032 | 2046 or 2047 |
| Elm Place 57-78 Bombardier Rd, Milton 05468 | 9% | 30 | 28 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Winooski River Apartments 37 Barre St, Montpelier 05602 | 4% | 15 | 12 | 2017 | 2031 or 2032 | 2046 or 2047 |
| Heritage Court Apartments 624 York St, Poultney 05764 | 4% | 17 | 16 | 2017 | 2031 or 2032 | 2046 or 2047 |
| Putney Landing 48 Old Depot Rd, Putney 05346 | 9% | 25 | 23 | 2017 | 2031 or 2032 | 2046 or 2047 |
| Hickory Street - Phase III Hickory St + Juneberry Lane, Rutland 05701 | 9% | 22 | 21 | 2017 | 2031 or 2032 | 2046 or 2047 |
| Bridge And Main 27 North Main Street, White River Junction 05001 | 9% | 17 | 16 | 2017 | 2031 or 2032 | 2046 or 2047 |
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, 2029, 2030, 2032.