Placed in service 2017
Virginia tax credit properties at Year 15 in 2031
HUD's database lists 41 Virginia properties placed in service in 2017, with 3,881 apartments (3,596 low-income). If the credit period started that year, the 15-year compliance periods end around 2031, and extended use runs to at least 2046 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Springs 555 North Thomas Street, Arlington 22203 | 9% | 104 | 98 | 2014 | 2031 or 2032 | 2046 or 2047 |
| Union On Queen 1600 North 16th Street, Arlington 22209 | 9% | 193 | 78 | 2013 | 2031 or 2032 | 2046 or 2047 |
| Woodbury Park 2399 11th Street N, Arlington 22201 | 4% | 364 | 204 | 2014 | 2031 or 2032 | 2046 or 2047 |
| Ashland Woods 101 E Omni Terrace, Ashland 23005 | 4% | 150 | 148 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Forest Glen I 14401 Woodmere Court, Centreville 20120 | 4% | 83 | 83 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Forest Glen II 14400 Woodmere Court, Centreville 20120 | 4% | 119 | 119 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Carlton Views I 1337 Carlton Avenue, Charlottesville 22902 | 9% | 54 | 54 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Bainbridge Commons 30 Grady Street, Chesapeake 23324 | 4% | 92 | 92 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Catalina Crossing 2081 South Military Highway, Chesapeake 23320 | 4% | 124 | 124 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Thrive 1020 Thrive Place,, Chesapeake 23323 | 4% | 102 | 102 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Iron Bridge Road 6700 Iron Creek Circle, Chester 23831 | 9% | 80 | 80 | 2014 | 2031 or 2032 | 2046 or 2047 |
| Exmore Village II 12374 Rue Court, Exmore 23350 | 9% | 64 | 64 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Residences At Government Center II 11851 Monument Drive, Fairfax 22030 | 4% | 120 | 120 | 2014 | 2031 or 2032 | 2046 or 2047 |
| Wexford Manor I 2802 Hollywood Road, Falls Church 22043 | 9% | 38 | 38 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Berkley Court 601 Campbell Avenue, Franklin 23851 | 9% | 75 | 75 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Pretlow-old Town 925 Pretlow Street/331 Bruce Street, Franklin 23851 | 9% | 75 | 75 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Valor Lot 3 On Noble Way, Fredericksburg 22401 | 4% | 128 | 128 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Royal Hills I 31 Royal Lane, Front Royal 22630 | 9% | 46 | 46 | 2013 | 2031 or 2032 | 2046 or 2047 |
| Patterson Crossing 911-913 West Queen Street, Hampton 23669 | 9% | 19 | 19 | 2014 | 2031 or 2032 | 2046 or 2047 |
| Robinson Park Fieldale Place/reservoir Street, Harrisonburg 22801 | 9% | 88 | 88 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Village At Rockbridge 60 Willow Spring Road, Lexington 24450 | 9% | 64 | 64 | 2014 | 2031 or 2032 | 2046 or 2047 |
| Southview 252 View Drive, Marion 24354 | 9% | 72 | 72 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Washburn Place 8417 Salem Avenue, Marshall 20115 | 9% | 30 | 30 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Cedar Creek I 7601 Main Street, Middletown 22645 | 9% | 46 | 46 | 2013 | 2031 or 2032 | 2046 or 2047 |
| 801 Main Street 801 Main Street, Newport News 23605 | 9% | 44 | 44 | 2014 | 2031 or 2032 | 2046 or 2047 |
| Brennan Pointe 3000 Warwick Blvd., Newport News 23607 | 9% | 44 | 44 | 2014 | 2031 or 2032 | 2046 or 2047 |
| Bell Diamond Manor 1009 Middlesex Street, Norfolk 23523 | 9% | 128 | 128 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Campostella At Clairmont I 851 Cedar Street, Norfolk 23523 | 9% | 84 | 84 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Campostella At Clairmont II 851 Cedar Street, Norfolk 23523 | 4% | 68 | 68 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Pine Street 6 Carter Street, Onancock 23417 | 9% | 30 | 30 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Cavalier II 200 Cavalier Drive, Petersburg 23805 | 9% | 66 | 66 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Cavalier Senior 100 Cavalier Drive, Petersburg 23805 | 9% | 80 | 80 | 2014 | 2031 or 2032 | 2046 or 2047 |
| Dale Homes - Phase I 2300 Columbus Avenue, Portsmouth 23704 | 4% | 146 | 146 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Hatcher Tobacco Flats 101 West Commerce Road, Richmond 23224 | 9% | 152 | 150 | 2012 | 2031 or 2032 | 2046 or 2047 |
| Peters Creek I + II 7266 Barrens Rd., Roanoke 24019 | 4% | 168 | 168 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Country Green 1000 E. Bishop Drive, South Boston 24592 | 9% | 44 | 44 | 2013 | 2031 or 2032 | 2046 or 2047 |
| Miller Homes At Poplar Creek 130 Poplar Creek Street, South Boston 24592 | 9% | 46 | 46 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Aquia Fifteen At Towne Center 475 Aquia Towne Center Drive, Stafford 22554 | 4% | 256 | 256 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Summer Haven 800 Baker Road, Virginia Beach 23462 | 9% | 57 | 57 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Tranquility At The Lakes 5827 Burton Station Road, Virginia Beach 23455 | 9% | 40 | 40 | 2014 | 2031 or 2032 | 2046 or 2047 |
| Warrenton Manor 663 Hastings Lane, Warrenton 22186 | 9% | 98 | 98 | 2014 | 2031 or 2032 | 2046 or 2047 |
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, 2030, 2032.