505 monitored Virginia tax credit properties, with 42,150 low-income units, reach the end of their 15-year compliance period between 2022 and 2034, and 436 (42,420 low-income units) reach the 30-year federal minimum for extended use in the same years. Richmond city (42), Arlington County (35), Newport News city (28) have the most at Year 15.
505at Year 15, 2022-2034
436at Year 30, 2022-2034
74Year 15 properties with tax-exempt bonds
345Year 15 properties with 9% credits
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Year 15 window compliance period ends 2022 to 2034
Property
City
Low-income / total units
Placed in service
Compliance period ends
Credit
Bonds
HUD notes
Year 30 window 30-year minimum extended use ends 2022 to 2034