Year Fifteen
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Placed in service 2009

Virginia tax credit properties at Year 15 in 2023

HUD's database lists 37 Virginia properties placed in service in 2009, with 3,771 apartments (3,575 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
Parc Rosslyn
1531 N Pierce St, Arlington 22209		4%2389620062023 or 20242038 or 2039
Shelton
3215 24th St S, Arlington 22206		9%949420082023 or 20242038 or 2039
Cole Harbour
1136 Cole Harbor Rd, Blackstone 23824		9%363620072023 or 20242038 or 2039
Sapling Grove
609 Clinton Ave, Bristol 24201		9%262620062023 or 20242038 or 2039
Hillcrest Manor
1400 Spruce Ave, Buena Vista 24416		9%404020072023 or 20242038 or 2039
Crevenna Oaks
10981 Crevenna Oak Dr, Burke 22015		9%504920072023 or 20242038 or 2039
Summit Oaks
10538 Oak Bluff Ct, Burke 22015		9%505020072023 or 20242038 or 2039
Woodside Village Apts
1321 Piney Forest Rd, Danville 24540		TCEP only16016020092023 or 20242038 or 2039
Meadows Apts (Farmville)
508 Hylawn Ave, Farmville 23901		9%404020082023 or 20242038 or 2039
Parc Crest At Poplar Forest
306 Parc Crest Dr, Farmville 23901		9%444420072023 or 20242038 or 2039
Newport Village
108 Morton St, Franklin 23851		9%484820082023 or 20242038 or 2039
Skyline Vista
343 Kendrick Ln, Front Royal 22630		9%828020062023 or 20242038 or 2039
Woodman West
1907 Blackburn Rd, Glen Allen 23060		4%19619520082023 or 20242038 or 2039
Somerset At Town Center
211 Marcella Rd, Hampton 23666		4%15111420062023 or 20242038 or 2039
Lebanon Square
176 Rogers St, Lebanon 24266		9%484820062023 or 20242038 or 2039
Hunt Ridge II
20 Trot Ln, Lexington 24450		9%242420072023 or 20242038 or 2039
Timber Ridge Crossing
7500 Timberlake Rd, Lynchburg 24502		9%969620062023 or 20242038 or 2039
Brentwood
8661 Bruton Parish Ct, Manassas 20110		4%28528220052023 or 20242038 or 2039
Levis Hill House
1000 W Washington St, Middleburg 20117		9%202020072023 or 20242038 or 2039
Great Oak
1 Great Oak Cir, Newport News 23606		9%14314320062023 or 20242038 or 2039
Lexington Park
1225 Tidewater Dr, Norfolk 23504		4%18018020032023 or 20242038 or 2039
Oak Park (Norfolk)
1500 Berkley Ave Ext, Norfolk 23504		4%404020032023 or 20242038 or 2039
Southwind
7840 Dallas St, Norfolk 23505		9%12112120072023 or 20242038 or 2039
Spicer's Mill
128 Park St, Orange 22960		9%404020062023 or 20242038 or 2039
Jesse Lee
401 Roberts Ave, Petersburg 23805		9%10810820072023 or 20242038 or 2039
Belle Hall
127 Cheyenne Trail, Portsmouth 23701		9%12012020072023 or 20242038 or 2039
High Meadows
140 E Main St, Radford 24141		9%606020062023 or 20242038 or 2039
Hunter's Ridge
100 Hunters Rdg, Richlands 24641		9%484820062023 or 20242038 or 2039
Ashley Oaks/woodcroft
1402 Jennie Scher Rd, Richmond 23231		TCEP only25025020092023 or 20242038 or 2039
Chippenham Place
5849 Orcutt Ln, Richmond 23224		9%14414420072023 or 20242038 or 2039
Hurt Park II
1801 Westview Ave SW, Roanoke 24016		9%404020082023 or 20242038 or 2039
Villages At Garst Creek
4305 Garst Mill Rd, Roanoke 24018		4%50449420052023 or 20242038 or 2039
Taylor Lofts
340 Ferry St, South Boston 24592		9%474720062023 or 20242038 or 2039
Chuckatuck Square
5757 Godwin Blvd, Suffolk 23432		9%424220082023 or 20242038 or 2039
Burnt Ordinary
7900 Lynn Cir, Toano 23168		9%808020062023 or 20242038 or 2039
Cloverleaf
964 S Military Hwy, Virginia Beach 23464		9%606020072023 or 20242038 or 2039
College Green II
324 Wallace St, Warsaw 22572		9%161620062023 or 20242038 or 2039

Watch one of these properties

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