Placed in service 2014
Virginia tax credit properties at Year 15 in 2028
HUD's database lists 45 Virginia properties placed in service in 2014, with 3,238 apartments (3,193 low-income). If the credit period started that year, the 15-year compliance periods end around 2028, and extended use runs to at least 2043 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Washington Court 250 Stone Mill Rd SW, Abingdon 24210 | 9% | 39 | 39 | 2012 | 2028 or 2029 | 2043 or 2044 |
| James Bland IV 898 N Alfred St, Alexandria 22314 | 9% | 44 | 44 | 2011 | 2028 or 2029 | 2043 or 2044 |
| Mount Vernon House 8199 Tis Well Dr, Alexandria 22306 | 4% | 130 | 130 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Pendleton Park 610 N Payne St, Alexandria 22314 | 9% | 24 | 24 | 2011 | 2028 or 2029 | 2043 or 2044 |
| Arbor Heights 831 S Frederick St, Arlington 22204 | 4% | 198 | 198 | 2011 | 2028 or 2029 | 2043 or 2044 |
| Arlington Mill 901 S Dinwiddie St, Arlington 22204 | 9% | 122 | 121 | 2011 | 2028 or 2029 | 2043 or 2044 |
| Larkspur 2001 N Cleveland St, Arlington 22201 | 9% | 76 | 69 | 2011 | 2028 or 2029 | 2043 or 2044 |
| Shell 5511 Columbia Pike, Arlington 22204 | 9% | 83 | 83 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Blue Ridge Commons 746 Prospect Ave, Charlottesville 22903 | 9% | 202 | 167 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Timberlake Place 1512 E Market St, Charlottesville 22902 | 9% | 27 | 26 | 2011 | 2028 or 2029 | 2043 or 2044 |
| Craigmont Manor 262 Robertson Rd, Craigsville 24430 | 9% | 44 | 44 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Shorehaven 16926 Porters Inn Dr, Dumfries 22026 | 9% | 240 | 240 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Elkmont Manor 101 Elkmont Dr, Elkton 22827 | 9% | 44 | 44 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Exmore Village I 12305 Rue Ct, Exmore 23350 | 9% | 36 | 36 | 2011 | 2028 or 2029 | 2043 or 2044 |
| Spruce Hill 316 Penn Ave NW, Floyd 24091 | 9% | 36 | 36 | 2011 | 2028 or 2029 | 2043 or 2044 |
| Clinch View Manor 292 Jay St, Gate City 24251 | 4% | 41 | 41 | 2011 | 2028 or 2029 | 2043 or 2044 |
| Grottoes Manor 709 Augusta Ave, Grottoes 24441 | 9% | 46 | 46 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Lovingston Ridge Apts 9 Ridge Dr, Lovingston 22949 | 9% | 64 | 64 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Meadows Apts (Lynchburg City) 2700 Yorktown Ave, Lynchburg 24501 | 9% | 66 | 66 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Shalom 710 Federal St, Lynchburg 24504 | 9% | 46 | 46 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Phelps Road Place Phelps Rd, Madison Heights 24572 | 9% | 22 | 22 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Rivermont (Martinsville) 1446 Fayette St, Martinsville 24112 | 9% | 99 | 99 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Cricket Hill Apts 100 St Ives Ct, Mathews 23109 | 9% | 30 | 30 | 2011 | 2028 or 2029 | 2043 or 2044 |
| Brook Creek Crossing 500 Colton Creek Rd, Midlothian 23113 | 9% | 70 | 70 | 2012 | 2028 or 2029 | 2043 or 2044 |
| West Lance 173 Kanawha St, New Castle 24127 | 9% | 34 | 34 | 2011 | 2028 or 2029 | 2043 or 2044 |
| Pavilion 550 Pavilion Pl, Newport News 23606 | 4% | 32 | 32 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Round Hill Meadows Radney Rd, Orange 22960 | 9% | 60 | 60 | 2011 | 2028 or 2029 | 2043 or 2044 |
| Hillside Apts (Pearisburg) 408 Church Ave Ofc A, Pearisburg 24134 | 9% | 36 | 36 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Woodrum Manor & Westview 502 Wenonah Ave, Pearisburg 24134 | 9% | 26 | 26 | 2010 | 2028 or 2029 | 2043 or 2044 |
| Laurel Woods (Pulaski) 213 Laurel Wood Dr, Pulaski 24301 | 9% | 46 | 46 | 2012 | 2028 or 2029 | 2043 or 2044 |
| New River Gardens II 300 Jeffries Dr, Radford 24141 | 9% | 44 | 44 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Lakeside Manor 481 Steeles Ft Rd, Raphine 24472 | 9% | 23 | 23 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Highland Grove II 1200 Dove St, Richmond 23222 | 9% | 38 | 38 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Jefferson Mews 907 N 26th St, Richmond 23223 | 4% | 56 | 56 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Somanath Senior Apts 1231 N 28th St, Richmond 23223 | 9% | 39 | 39 | 2011 | 2028 or 2029 | 2043 or 2044 |
| Tuscany Townhomes 3124 Snead Ct, Richmond 23224 | 4% | 132 | 132 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Willow Oaks 340 Poplar St, South Boston 24592 | 9% | 72 | 72 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Gypsy Hill House 500 C St, Staunton 24401 | 9% | 100 | 100 | 2011 | 2028 or 2029 | 2043 or 2044 |
| Residences At October 2024 Freeney Ave, Suffolk 23434 | 9% | 72 | 72 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Toms Brook School 3232 S Main St, Toms Brook 22660 | 9% | 14 | 14 | 2010 | 2028 or 2029 | 2043 or 2044 |
| Cedar Grove 904 Broad Meadows Blvd, Virginia Beach 23462 | 9% | 32 | 32 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Warsaw Manor 121 Jones Ln, Warsaw 22572 | 9% | 56 | 56 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Parkway Village I 1001 Hopeman Pkwy, Waynesboro 22980 | 9% | 126 | 126 | 2011 | 2028 or 2029 | 2043 or 2044 |
| Preston Place 200 Leafield Ct, Winchester 22602 | 4% | 236 | 236 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Powells Creek Towne Square 16573 Nanticoke Way, Woodbridge 22191 | 4% | 135 | 134 | 2012 | 2028 or 2029 | 2043 or 2044 |
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, 2026, 2027, 2029, 2030, 2031, 2032.