Placed in service 2018
Virginia tax credit properties at Year 15 in 2032
HUD's database lists 50 Virginia properties placed in service in 2018, with 4,159 apartments (4,021 low-income). If the credit period started that year, the 15-year compliance periods end around 2032, and extended use runs to at least 2047 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| St. James Plaza 5140 Fillmore Avenue, Alexandria 22311 | 9% | 93 | 93 | 2015 | 2032 or 2033 | 2047 or 2048 |
| Dogwood Apartments 151 Bradford Lane, Appomattox 24522 | 9% | 48 | 48 | 2015 | 2032 or 2033 | 2047 or 2048 |
| Columbia Hills East 1010 South Frederick Street, Arlington 22204 | 9% | 97 | 97 | 2015 | 2032 or 2033 | 2047 or 2048 |
| Brookshire 65 Brookshire Lane, Bassett 24055 | 9% | 64 | 64 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Mintbrook Senior Apartments 4475 Bacon Street, Bealeton 22712 | 9% | 80 | 80 | 2014 | 2032 or 2033 | 2047 or 2048 |
| Fieldstone Senior 401 Givens Lane, Blacksburg 24060 | 9% | 60 | 60 | 2015 | 2032 or 2033 | 2047 or 2048 |
| The Village At Oakview 401 Oakview Avenue, Bristol 24201 | 9% | 48 | 48 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Timberland Park Old Lynchburg Road, Charlottesville 22903 | 9% | 80 | 80 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Crewe Village 1606 West Carolina Avenue, Crewe 23930 | 9% | 40 | 40 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Arbors Of Culpeper Ira Hoffman Ln, Culpeper 22701 | 4% | 132 | 117 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Weaver Manor Apartments 216 Meherrin Lane, Emporia 23847 | 9% | 42 | 42 | 2015 | 2032 or 2033 | 2047 or 2048 |
| Milnwood Village 1100 Milnwood Village Lane, Farmville 23901 | 9% | 40 | 40 | 2016 | 2032 or 2033 | 2047 or 2048 |
| New Post 1801 Nottingham Drive, Fredericksburg 22408 | 9% | 102 | 102 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Orchard Ridge At Jackson Village 9401 Jefferson Davis Highway, Fredericksburg 22407 | 4% | 169 | 169 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Harmony Village 1151 Glendale Road, Galax 24333 | 9% | 42 | 42 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Village Green 7407 Village Green Lane, Gloucester 23061 | 9% | 32 | 32 | 2015 | 2032 or 2033 | 2047 or 2048 |
| King S Arms 1010 North King Street, Hampton 23669 | 9% | 48 | 48 | 2015 | 2032 or 2033 | 2047 or 2048 |
| Audubon Village II Apartments 5011 Meadowlark Court, Henrico 23231 | 4% | 54 | 54 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Kippax Place Apartments 100 S. Kippax Street, Hopewell 23860 | 9% | 100 | 98 | 2014 | 2032 or 2033 | 2047 or 2048 |
| Powell Valley Village Apartments 195 Powell Valley Village Street, Jonesville 24263 | 9% | 34 | 34 | 2015 | 2032 or 2033 | 2047 or 2048 |
| Brunswick Manor Apartments 300 Union Street, Lawrenceville 23868 | 9% | 40 | 40 | 2015 | 2032 or 2033 | 2047 or 2048 |
| Laurel Hill Reformatory Multiple- See Bin Worksheet, Lorton 22079 | 4% | 165 | 44 | 2015 | 2032 or 2033 | 2047 or 2048 |
| Lindsay Hill 8915 Pink Carnation Court, Lorton 22079 | 9% | 55 | 55 | 2014 | 2032 or 2033 | 2047 or 2048 |
| Old Forest Village 2550 Anthony Place, Lynchburg 24501 | 9% | 28 | 28 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Fallstead At Lewinsville Senior Center 1609 Great Falls Street, Mclean 22101 | 9% | 82 | 82 | 2015 | 2032 or 2033 | 2047 or 2048 |
| Ada Park 674 Summer Day Court, Newport News 23601 | 9% | 42 | 42 | 2015 | 2032 or 2033 | 2047 or 2048 |
| Berkley 900 Daphia Circle, Newport News 23601 | 4% | 373 | 373 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Brennan Pointe II 3150 Warwick Blvd., Newport News 23607 | 9% | 43 | 43 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Cypress Terrace Apartments 25 Teardrop Lane, Newport News 23608 | 9% | 82 | 82 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Forrest Landing II 14 Forrest Drive, Newport News 23606 | 4% | 64 | 64 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Ivy Tower 700 Waterfront Circle, Newport News 22960 | 4% | 140 | 140 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Oyster Point - Brighton 550 Bluepoint Terrace, Newport News 23602 | 9% | 196 | 196 | 2014 | 2032 or 2033 | 2047 or 2048 |
| Snowden Senior Apartments 1115 Briarfield Road, Newport News 23605 | 9% | 68 | 68 | 2015 | 2032 or 2033 | 2047 or 2048 |
| Broad Creek Phase V 2500-2592 Joe Austin Drive, Norfolk 23504 | 9% | 50 | 50 | 2014 | 2032 or 2033 | 2047 or 2048 |
| Church Street Station Studios 2016 Church Street, Norfolk 23504 | 9% | 80 | 80 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Sumler Terrace Apartments 720 Appomattox Street, Norfolk 23523 | 4% | 126 | 126 | 2017 | 2032 or 2033 | 2047 or 2048 |
| The Banks At Berkley 701 South Main Street, Norfolk 23523 | 9% | 50 | 50 | 2014 | 2032 or 2033 | 2047 or 2048 |
| Dale Homes Phase II 2300 Columbus Avenue, Portsmouth 23704 | 4% | 150 | 150 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Eggleston Plaza 535 N. 2nd Street, 535 1/2 N. 2nd Street And 12-22 East Jackson Street, Richmond 23219 | 4% | 42 | 42 | 2015 | 2032 or 2033 | 2047 or 2048 |
| Kingsridge I Kingsridge Road, Richmond 23223 | 9% | 72 | 72 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Planters Woods Apartments 517 And 601 East Ferrell Street, South Hill 23970 | 9% | 46 | 46 | 2015 | 2032 or 2033 | 2047 or 2048 |
| Springhill Village 1701 Springhill Road, Staunton City 24401 | 4% | 108 | 108 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Heronview 21391 Pacific Boulevard, Sterling 20166 | 9% | 96 | 96 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Belleville Meadows 5609 Plummer Blvd, Suffolk 23435 | 9% | 128 | 128 | 2014 | 2032 or 2033 | 2047 or 2048 |
| October Station 2065 Freeney Avenue, Suffolk 23434 | 9% | 48 | 48 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Villas At October 2028 Freeney Avenue, Suffolk 23434 | 4% | 39 | 39 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Seaside Harbor 1801 Mediterranean Avenue 5, Virginia Beach 23451 | 9% | 76 | 76 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Academy Apartments 3720 King William Avenue, West Point 24522 | 9% | 32 | 32 | 2015 | 2032 or 2033 | 2047 or 2048 |
| Glen Arbor 14300 Jefferies Road, Woodbridge 22191 | 4% | 209 | 209 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Freedom Lane 468 Peppers Ferry Road, Wytheville 24382 | 9% | 24 | 24 | 2015 | 2032 or 2033 | 2047 or 2048 |
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, 2031.