Placed in service 2011
Virginia tax credit properties at Year 15 in 2025
HUD's database lists 31 Virginia properties placed in service in 2011, with 3,187 apartments (3,014 low-income). If the credit period started that year, the 15-year compliance periods ended around 2025, and extended use runs to at least 2040 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Old Dominion Housing 3963 Old Dominion Blvd, Alexandria 22305 | 9% | 36 | 36 | 2008 | 2025 or 2026 | 2040 or 2041 |
| West Glebe Housing 865 W Glebe Rd, Alexandria 22305 | 9% | 48 | 48 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Westover 5805 16th St N, Arlington 22205 | 4% | 153 | 119 | 2007 | 2025 or 2026 | 2040 or 2041 |
| Courthouse Lane 150 Courthouse Ln, Bowling Green 22427 | 9% | 24 | 24 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Treemont Apts 3500 Locust Ave, Buena Vista 24416 | TCEP only | 60 | 60 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Arbor Glen 2610 Golden Leaf Dr, Chesapeake 23324 | 4% | 240 | 240 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Linden Green 1600 Simpson Rd, Christiansburg 24073 | 9% | 84 | 84 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Crozet Meadows 5784 Meadows Dr, Crozet 22932 | 9% | 66 | 66 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Westmoreland & Schoolfield Senior 540 Gay St, Danville 24541 | 9% | 65 | 65 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Orchard Landing 3102 Chesapeake Dr, Dumfries 22026 | 4% | 184 | 184 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Olley Glen 4021 Olley Ln, Fairfax 22032 | 4% | 90 | 90 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Wilsondale Work Force 825 Jonquil Ln, Hampton 23669 | 9% | 150 | 150 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Colonnades At Rocktown II 351 N Mason St, Harrisonburg 22802 | 9% | 60 | 60 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Jonesville Manor Apts 117 Jonesville Manor Rd, Jonesville 24263 | 9% | 40 | 40 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Indian Creek 501 Southport Ln, Kilmarnock 22482 | TCEP only | 20 | 20 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Llewellyn Village 300 Windy Hill Rd, Middleburg 20117 | TCEP only | 16 | 16 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Grandy Village 3151 Kimball Ter, Norfolk 23504 | 4% | 275 | 271 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Mission College I 1318 Lead St, Norfolk 23504 | 9% | 260 | 130 | 2007 | 2025 or 2026 | 2040 or 2041 |
| Hamilton Place Phase I 3401 Turnpike Rd, Portsmouth 23707 | 4% | 84 | 84 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Phoebus Square 602 Phoebus St, Portsmouth 23704 | 4% | 122 | 122 | 2008 | 2025 or 2026 | 2040 or 2041 |
| South Bay 1600 S St, Portsmouth 23704 | 9% | 61 | 60 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Booker T Washington Plaza 21 E Leigh St, Richmond 23219 | 4% | 28 | 28 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Lincoln Mews II 4015 N Ave, Richmond 23222 | TCEP only | 130 | 130 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Newman Village 4053 Old Brook Rd, Richmond 23227 | TCEP only | 99 | 99 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Westwood Village Preservation 748 Westwood Blvd NW, Roanoke 24017 | TCEP only | 113 | 113 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Oak Park (Salem) 61 Otter Ave, Salem 24153 | 4% | 144 | 140 | 2008 | 2025 or 2026 | 2040 or 2041 |
| Woodcrest 330 Cavalier Blvd, South Boston | TCEP only | 40 | 40 | 1991 | 2025 or 2026 | 2040 or 2041 |
| Westminster Oaks 8215 Mapleleaf Ct, Springfield 22153 | 4% | 50 | 50 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Aspen Square 61 Maplewood Ln, Tazewell 24651 | TCEP only | 60 | 60 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Twin Canal Village 3805 Keelboat Cir, Virginia Beach 23453 | 9% | 300 | 300 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Valley Vista 149 Valley Vista Dr, Woodstock 22664 | 9% | 85 | 85 | 2008 | 2025 or 2026 | 2040 or 2041 |
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: 2023, 2024, 2026, 2027, 2028, 2029, 2030, 2031, 2032.