this only affects the 4.x series. The much older .NET 3.5 SP 1 will continue to be supported. In this context, support means having access to technical support, security updates, and hotfixes. 

As previously announced, starting January 12, 2016 Microsoft will no longer provide security updates, technical support or hotfixes for .NET 4, 4.5, and 4.5.1 frameworks. All other framework versions, including 3.5, 4.5.2, 4.6 and 4.6.1, will be supported  

using static System.Console;

namespace VS2015_Net4_Tests
{
    class Program
    {
        static void Main(string[] args)
        {
            var test = "Test";
            WriteLine($"{test}");
        }
    }
}