Placed in service 2012
Virginia tax credit properties at Year 15 in 2026
HUD's database lists 48 Virginia properties placed in service in 2012, with 3,956 apartments (3,844 low-income). If the credit period started that year, the 15-year compliance periods end this year, and extended use runs to at least 2041 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| James Bland I 808 Madison St, Alexandria 22314 | 9% | 18 | 18 | 2009 | 2026 or 2027 | 2041 or 2042 |
| Quaker Hill 1252 Quaker Hill Dr, Alexandria 22314 | TCEP only | 60 | 60 | 2009 | 2026 or 2027 | 2041 or 2042 |
| Stony Brook 3608 Buckman Rd, Alexandria 22309 | 9% | 204 | 145 | 2009 | 2026 or 2027 | 2041 or 2042 |
| Jordan 801 N Wakefield St, Arlington 22203 | TCEP only | 90 | 90 | 2009 | 2026 or 2027 | 2041 or 2042 |
| Macedonia 2229 S Shirlington Rd, Arlington 22206 | 4% | 36 | 36 | 2009 | 2026 or 2027 | 2041 or 2042 |
| Tripod Housing 5125 Columbia Pike, Arlington 22204 | 4% | 103 | 103 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Vpoint Clarendon 1210 N Highland St, Arlington 22201 | n/a | 116 | 70 | 2009 | 2026 or 2027 | 2041 or 2042 |
| Crossings At Fourth & Pre 401 Fourth St NW, Charlottesville 22903 | 9% | 60 | 60 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Short 18th Street 1412 Short 18th St, Charlottesville 22902 | 9% | 12 | 12 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Treesdale Park 1410 Treesdale Park Ln, Charlottesville 22901 | TCEP only | 88 | 88 | 2009 | 2026 or 2027 | 2041 or 2042 |
| Maplewood 3824 Maplefield Dr, Chesapeake 23321 | 4% | 320 | 320 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Rivers Apts 847 Windward Pl, Chesapeake 23320 | 9% | 240 | 240 | 2009 | 2026 or 2027 | 2041 or 2042 |
| Forest Hills At Belview 3226 Peppers Fry Rd NW, Christiansburg 24073 | TCEP only | 70 | 70 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Stevens Woods 25131 Oak Trail, Courtland 23837 | 4% | 60 | 60 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Dolly Ann 826 Long Ave, Covington 24426 | TCEP only | 108 | 108 | 2009 | 2026 or 2027 | 2041 or 2042 |
| Oak Knoll 115 Backer Ln, Damascus 24236 | 9% | 21 | 21 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Riverside Place 505 S Shady Ave, Damascus 24236 | 9% | 22 | 22 | 2009 | 2026 or 2027 | 2041 or 2042 |
| Danville Family Homes 100 Joanis Dr, Danville 24540 | TCEP only | 40 | 40 | 2009 | 2026 or 2027 | 2041 or 2042 |
| Carriage Run 240a Carriage Run Ct, Emporia 23847 | 4% | 40 | 40 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Old Point Homes 13 Godspeed Way, Hampton 23663 | 9% | 27 | 27 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Nottoway River Commons 23140 Bellwood Ct, Jarratt 23867 | 4% | 44 | 44 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Autumnwood Heights 28 Powell Ln, Keysville 23947 | 4% | 40 | 40 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Brunswick Commons 34 Brunswick Commons Ct, Lawrenceville 23868 | 4% | 24 | 24 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Epworth Manor 112 Cammack St, Louisa 23093 | 4% | 61 | 61 | 2009 | 2026 or 2027 | 2041 or 2042 |
| Hilltop Homes 2005 Grace St, Lynchburg 24504 | TCEP only | 24 | 24 | 2009 | 2026 or 2027 | 2041 or 2042 |
| Lynchburg High 1301 Park Ave, Lynchburg 24501 | TCEP only | 74 | 74 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Victoria Ridge 840 Victoria Ave, Lynchburg 24504 | 9% | 24 | 24 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Martinsville Lofts 900 Rives Rd, Martinsville 24112 | TCEP only | 60 | 60 | 2009 | 2026 or 2027 | 2041 or 2042 |
| Heritage Forest I 901 Forest Lake Court, Newport News 23605 | 9% | 144 | 144 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Noland Green 2600 Warwick Blvd, Newport News 23607 | 9% | 60 | 54 | 2009 | 2026 or 2027 | 2041 or 2042 |
| Orcutt Townhomes III 1008 37th St, Newport News 23607 | TCEP only | 30 | 30 | 2009 | 2026 or 2027 | 2041 or 2042 |
| Claiborne Square 518 Halifax St, Petersburg 23803 | TCEP only | 47 | 47 | 2009 | 2026 or 2027 | 2041 or 2042 |
| London Oaks 2680 High St, Portsmouth 23707 | TCEP only | 296 | 296 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Seaboard Square I 217 Wilson Dr, Portsmouth 23707 | 9% | 121 | 121 | 2009 | 2026 or 2027 | 2041 or 2042 |
| Southside Gardens 607 Jefferson St, Portsmouth 23704 | TCEP only | 134 | 134 | 2009 | 2026 or 2027 | 2041 or 2042 |
| Coventry Gardens 211 Newbridge Cir, Richmond 23223 | TCEP only | 176 | 176 | 2009 | 2026 or 2027 | 2041 or 2042 |
| Oliver Crossing 1310 Coalter St, Richmond 23223 | 9% | 222 | 222 | 2009 | 2026 or 2027 | 2041 or 2042 |
| Studios At South Richmond 5409 Hull St Rd, Richmond 23224 | 9% | 21 | 21 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Ferncliff South 3666 Ferncliff Ave NW, Roanoke 24017 | 9% | 84 | 84 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Lebanon Village II 11 Kingsway Ln, Spring Grove 23881 | 4% | 24 | 24 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Waterford Village 107 Waterford Loop, Staunton 24401 | TCEP only | 96 | 96 | 2009 | 2026 or 2027 | 2041 or 2042 |
| Cotton Mill 438 Dobyns Rd, Stuart 24171 | 9% | 40 | 39 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Montague Terrace 54 Montague Ct, Stuarts Draft 24477 | 9% | 96 | 96 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Friendship Village 1235 Friendship Sq, Virginia Beach 23451 | TCEP only | 109 | 109 | 2009 | 2026 or 2027 | 2041 or 2042 |
| Landings At Weyers Cave Intersection Of Rt 256 & Us Rt 11, Weyers Cave | TCEP only | 84 | 84 | 2009 | 2026 or 2027 | 2041 or 2042 |
| Commonwealth Apts 603 Commonwealth St, Wise 24293 | 9% | 26 | 26 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Jefferson Union 535 S 12th St, Wytheville 24382 | 9% | 24 | 24 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Westwood 1050 W Washington St, Wytheville 24382 | 9% | 36 | 36 | 2010 | 2026 or 2027 | 2041 or 2042 |
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, 2025, 2027, 2028, 2029, 2030, 2031, 2032.