Wake County, North Carolina · Year 15 and Year 30

Year 15 and Year 30 tax credit properties in Wake County, North Carolina

44 monitored tax credit properties in Wake County (3,391 low-income units) reach the end of the 15-year compliance period between 2022 and 2034, and 64 (3,575 low-income units) reach the 30-year federal minimum for extended use. The busiest Year 15 is 2022, with 6. Most are in Raleigh, Cary, Garner.

44at Year 15, 2022-2034
64at Year 30, 2022-2034
2Year 15 properties with tax-exempt bonds
0Year 30 properties with a longer term reported to HUD

108 properties.

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Year 15 window compliance period ends 2022 to 2034 (44)

PropertyCityLow-income / total unitsPlaced in serviceCompliance period endsCreditBondsHUD notes
Carolina Terrace ApartmentsRaleigh28 / 28200820224% and 9%No
Glenbrook CrossingRaleigh63 / 63200820224%Nononprofit sponsor
Jeffries RidgeRaleigh32 / 32200820229%Noresyndicated
Shammah Winds ApartmentsRaleigh32 / 32200820224%No
Wakefield ManorRaleigh96 / 96200820229%No
Westoaks ApartmentsRaleigh50 / 51200820229%No
Autumn SpringRaleigh48 / 48201020249%No
Bailey PlaceFuquay Varina48 / 48201020249%No
BrookridgeRaleigh40 / 41201020249%Nononprofit sponsor
Timber Springs ApartmentsHolly Springs39 / 39201020244%No
Highland TerraceCary80 / 80201120259%Nononprofit sponsor
Meadowcreek CommonsRaleigh48 / 48201120259%Nononprofit sponsor
Mingo Village ApartmentsKnightdale76 / 76201120259%No
Raleigh GardensRaleigh125 / 126201120259%No
Sandy Ridge ApartmentsWendell45 / 45201120259%No
The Woods at Avent FerryHolly Springs64 / 64201220269%No
Water Garden VillageRaleigh60 / 60201220269%Nononprofit sponsor
Westgate Village ApartmentsKnightdale36 / 36201220264%No
Alexander PlaceWendell48 / 48201320279%No
Laurel CrossingKnightdale60 / 60201320279%No
Poyner SpringRaleigh42 / 42201320279%No
Water Garden ParkRaleigh88 / 88201320279%No
Brighton PointeRaleigh80 / 80201420289%No
Granite Falls ApartmentsRolesville72 / 72201420289%No
Timber SpringGarner48 / 48201420289%No
Calvary TraceRaleigh116 / 117201520299%No
Emerson GlenRaleigh48 / 48201520299%No
Holly Woods at Sunset LakeHolly Springs64 / 64201520299%No
Huntington SpringWake Forest84 / 84201520299%No
Willow CreekCary53 / 53201520299%No
The Grande at Granite FallsRolesville74 / 74201620309%No
Wakefield SpringRaleigh80 / 80201620309%No
Wood SpringFuquay Varina48 / 48201620309%No
Brighton Pointe IIRaleigh88 / 88201720319%No
Pennington GroveGarner83 / 83201720319%No
Sycamore RunRaleigh42 / 42201720319%No
The Bluffs at Walnut CreekRaleigh198 / 198201720314%Yes
Wakefield CommonsRaleigh80 / 80201720319%No
Shepard GreeneZebulon50 / 50201820329%No
Capital TowersRaleigh297 / 297201920334%resyndicated
Sir Walter ApartmentsRaleigh160 / 161201920334%
The Village at Washington TerraceRaleigh162 / 162201920334%Yes
Beacon RidgeRaleigh120 / 120202020344%
Quarry TraceRaleigh96 / 96202020349%No

Year 30 window 30-year minimum extended use ends 2022 to 2034 (64)

PropertyCityLow-income / total unitsPlaced in service30-year minimum endsCreditBondsHUD notes
1924 Tischer RdRaleigh1 / 1199320229%No
1929 Tischer RdRaleigh1 / 1199320229%No
AvonleaRaleigh44 / 44199320229%Noresyndicated
Capital Towers IIRaleigh90 / 90199320229%No
1921 Tischer RdRaleigh1 / 1199420239%No
617 Carolina AveRaleigh1 / 1199420239%No
619 Carolina AveRaleigh1 / 1199420239%No
621 Carolina AveRaleigh1 / 1199420239%No
Berkshire Downs IIRaleigh1 / 1199420239%No
623 Carolina AveRaleigh1 / 1199520249%No
8107 Farmlea CirRaleigh1 / 1199520249%No
8109 Farmlea CirRaleigh1 / 1199520249%No
Avery SquareGarner20 / 20199520249%Nononprofit sponsor
Orchard PointeRaleigh100 / 103199520249%No
SedgebrookCary32 / 32199520249%Noresyndicated
The ArborsRaleigh50 / 50199520249%No
Biltmore Hills ApartmentsRaleigh50 / 50199620259%No
Bradford PlaceFuquay Varina64 / 64199620259%No
Maple Ridge Apartments PhiiHolly Springs45 / 45199620259%No
Ripley StationRaleigh48 / 48199620259%Noresyndicated
River Birch ApartmentsRaleigh176 / 176199620259%No
Royall Mill ApartmentsWake Forest56 / 56199620254% and 9%No
Beechridge ApartmentsApex72 / 72199720269%Noresyndicated
Fox Haven ApartmentsRaleigh48 / 48199720269%Nononprofit sponsor
Garden Spring ApartmentsRaleigh33 / 33199720269%No
Marsh Creek ApartmentsRaleigh24 / 24199720269%No
Park Place Apts, Phase IKnightdale50 / 50199720269%No
The MagnoliasRaleigh40 / 40199720269%No
Weston TraceGarner48 / 48199720269%Noresyndicated
Milburnie Road ApartmentsRaleigh50 / 50199820279%No
Olde School Commons ApartmentsGarner45 / 45199820274%No
Ridgewood ApartmentsWake Forest50 / 50199820279%No
West Haven ApartmentsApex72 / 72199820279%No
Meadow Spring ApartmentsRaleigh33 / 33199920289%No
Westwood Park ApartmentsCary72 / 72199920289%No
Beechridge Apartments IIApex32 / 32200020299%No
Chandler Ridge ApartmentsRaleigh228 / 228200020294%Yesresyndicated
Madison GlenRaleigh120 / 120200020299%Noresyndicated
Pine HillsRaleigh48 / 48200020299%No
Prairie BuildingRaleigh11 / 11200020294%Nononprofit sponsor
Summerchase ApartmentsFuquay Varina46 / 46200020299%No
Trinity Ridge ApartmentsRaleigh48 / 48200020299%No
Creekside ApartmentsWake Forest38 / 38200120309%No
CedarmoorRaleigh81 / 81200220314%Yes
Parkview Manor ApartmentsRaleigh90 / 90200220319%Nononprofit sponsor
Silver Spring ApartmentsZebulon33 / 33200220319%No
Walnut RidgeRaleigh180 / 180200220314%Yes
Berkeley Spring ApartmentsRaleigh36 / 36200320329%No
Chestnut HillsRaleigh50 / 50200320329%No
Courtyard CommonsFuquay Varina17 / 17200320329%No
Lennox ChaseRaleigh36 / 37200320329%Nononprofit sponsor
Overlooke at Simms CreekRaleigh160 / 168200320324%Yes
The Grove at Cary ParkCary120 / 120200320324%Yes
Gregory OaksRaleigh32 / 32200420334%No
Hodges Creek ApartmentsRaleigh50 / 50200420339%No
The Commons at Highland VillageCary68 / 68200420339%Nononprofit sponsor
The Meadows at Brier CreekRaleigh96 / 96200420334%Yes
The Oaks at Brier CreekRaleigh120 / 144200420334%Yes
Elders Peak ApartmentsRaleigh48 / 48200520349%No
Gateway ParkRaleigh84 / 84200520344%Yes
Heritage Crossings Senior ApartmentsWake Forest120 / 121200520344%Yesnonprofit sponsor
Highland VillageCary50 / 50200520349%Noresyndicated
Weatherstone Spring Congregate Care Living SeniorsCary72 / 72200520349%No
Windsor Spring Congregate Care for SeniorsRaleigh39 / 39200520349%No

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026), monitored properties placed in service 2008-2020 and 1993-2005. "Compliance period ends" is the placed-in-service year + 14 and "30-year minimum ends" is + 29; both are a year later if the owner deferred the credit period, and HUD reports one year per project. For Year 30 properties HUD reports a longer affordability term for 0 of 64; check the recorded extended use agreement for the rest.

Using this list

Properties past Year 15 have no recapture exposure left, so investor exits, general partner buyouts, rights of first refusal and resyndications with 4% credits cluster here. The rent and income restrictions stay in place for the extended use period. Estimate a qualified contract price with the qualified contract tool, and read the Year 15 exits guide for the rules. A resyndication can take the 130% basis boost if the site is in one of Wake County's 26 qualified census tracts on HUD's 2027 list (check an address).

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