California tax credit properties by Year 15 date

1,603 California properties in HUD's database were placed in service from 2009 to 2018. 639 of them reach the end of their compliance period from 2026 through 2028, the window when investor exits, refinancings and sales cluster.

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026, projects placed in service through 2024), with HUD's 2024 data dictionary. Compliance end = placed-in-service year + 14, the earliest case.
Compliance period ends	Properties	Apartments	Low-income
2023	148	12,906	12,390
2024	115	9,996	9,782
2025	178	12,263	12,081
2026	174	13,547	12,925
2027	211	14,787	14,569
2028	254	21,544	21,112
2029	171	12,699	12,301
2030	159	11,687	11,414
2031	81	7,734	7,311
2032	112	9,235	9,069