Placed in service 2016

Virginia tax credit properties at Year 15 in 2030

HUD's database lists 29 Virginia properties placed in service in 2016, with 2,090 apartments (1,975 low-income). If the credit period started that year, the 15-year compliance periods end around 2030, and extended use runs to at least 2045 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.
Property	Credit	Units	Low-income	Allocated	Compliance ends	Extended use at least to
Jackson Crossing 120 East Reed Avenue, Alexandria 22305	9%	78	78	2013	2030 or 2031	2045 or 2046
Lynhaven (Willam Watters) 3513-3525 Commonwealth Avenue, Alexandria 22305	4%	49	49	2015	2030 or 2031	2045 or 2046
Buckingham Village Parcel B 4301 Pershing Drive, Arlington 22203	9%	48	43	2013	2030 or 2031	2045 or 2046
Hunting Hills 3153 Hillman Street, Blacksburg 24060	9%	12	12	2013	2030 or 2031	2045 or 2046
Woods At Brambleton 23601 Willshaw Square, Brambleton 20148	4%	202	202	2013	2030 or 2031	2045 or 2046
Shire Kemet Road/berkley Avenue, Chesapeake City 23325	9%	40	40	2013	2030 or 2031	2045 or 2046
Smokey Ridge 1785 Electra Way, 260, 290 Countrie Drive Ne, 1705, 171, Christiansburg 24073	9%	52	52	2013	2030 or 2031	2045 or 2046
Riverwood 368 Riverwood Drive, Colonial Beach 22443	9%	83	83	2014	2030 or 2031	2045 or 2046
Residences At Government Center I 11851 Monument Drive, Fairfax 22030	9%	150	150	2014	2030 or 2031	2045 or 2046
Overlook Terrace 4710 Overview Drive, Fredericksburg 22408	9%	72	72	2013	2030 or 2031	2045 or 2046
Greens At Virginia Center 9724 Virginia Centerway Place, Glen Allen 23059	4%	180	180	2014	2030 or 2031	2045 or 2046
Woodlands At Phoebus 151 Old Buckroe Rd, Hampton 23663	4%	133	27	2014	2030 or 2031	2045 or 2046
Commerce Village 181 And 241 Commerce Drive, Harrisonburg 22802	9%	30	30	2014	2030 or 2031	2045 or 2046
Summit Langston Park Drive, Hopewell 23860	9%	56	56	2013	2030 or 2031	2045 or 2046
Armstrong Place 1721 Monsview Place, Lynchburg 24504	9%	28	28	2013	2030 or 2031	2045 or 2046
New Phoenix Village 320 Charles Street, Newport News 23608	9%	48	48	2014	2030 or 2031	2045 or 2046
Cottage Bridge Midrise 7408 Tidewater Drive, Norfolk 23505	9%	47	47	2013	2030 or 2031	2045 or 2046
Liberty Pointe 3061 Pinetree Drive, Petersburg 23803	9%	48	48	2013	2030 or 2031	2045 or 2046
Cary West 22 S. Meadow Street, Richmond 23220	9%	47	47	2014	2030 or 2031	2045 or 2046
Studios II 5409 Hull Street Road, Richmond 23224	9%	40	39	2013	2030 or 2031	2045 or 2046
Townhomes At Warwick Place 6220 Old Warwick Road, Richmond 23224	9%	40	40	2013	2030 or 2031	2045 or 2046
Ferncliff North 3533 Ferncliff Avenue NW, Roanoke 24017	9%	144	144	2014	2030 or 2031	2045 or 2046
Lily Ridge Buck Drive Extension, Ruckersville 22968	9%	48	48	2013	2030 or 2031	2045 or 2046
Stonebriar 16600 Broad Street, Saint Paul 24283	9%	23	23	2013	2030 or 2031	2045 or 2046
Surry Village II 82 Surry Village Dr, Spring Grove 23881	9%	32	32	2013	2030 or 2031	2045 or 2046
Victoria Place 1409 Tidewater Avenue, Victoria 23974	9%	39	39	2014	2030 or 2031	2045 or 2046
Baker Woods 544 Baker Road, Virginia Beach 23462	9%	96	96	2013	2030 or 2031	2045 or 2046
Crescent Square 1333 Diamond Springs Road, Virginia Beach 23455	9%	81	80	2013	2030 or 2031	2045 or 2046
Northwinds 2355 North 4th Street, Wytheville 24382	9%	144	142	2013	2030 or 2031	2045 or 2046

Watch one of these properties

Pick a property and we'll email when it moves closer to Year 15 (inside two years, then inside one) or when HUD's record for it changes in a new release. Every Virginia property is in the download on the data page.

Property

Email me when this alert fires. I can unsubscribe in one click. No marketing lists.

Alert emails haven't started on this site yet. Your sign-up is saved, and when sending starts the first email asks you to confirm.

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, 2028, 2029, 2031, 2032.