Year Fifteen
Menu

Placed in service 2009

Delaware tax credit properties at Year 15 in 2023

HUD's database lists 8 Delaware properties placed in service in 2009, with 582 apartments (582 low-income). If the credit period started that year, the 15-year compliance periods ended around 2023, and extended use runs to at least 2038 unless the agreement says later.

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026, projects placed in service through 2024), with HUD's 2024 data dictionary. "Allocated" is the year the agency allocated credits, often a year or more before the property opened. Compliance and extended-use years are estimates from the placed-in-service year; an owner may have started credits a year later, buildings in one project can differ, and extended use shown is the federal minimum; where the agency reported a period over 30 years, it's noted. "No longer monitored" means the agency flagged the property as out of its LIHTC monitoring.
PropertyCreditUnitsLow-incomeAllocatedCompliance endsExtended use at least to
Hollybrook Farms (I, Iii, Iv)
1600 Hollybrook, Laurel 19956		TCEP only10010020072023 or 20242038 or 2039
Hollybrook Farms I
900 Cnty Rd, Laurel 		TCEP only12412420072023 or 20242038 or 2039
Hollybrook Farms II
500 Country Rd, Laurel 		n/a242420072023 or 20242038 or 2039
Hollybrook II Apartments
1111 Grazing Court, Laurel 19956		TCEP only242420072023 or 20242038 or 2039
Brightway Commons II
200 Tull Way, Milford 19963		n/a444420072023 or 20242038 or 2039
Brightways Commons II
200 Tull Way, Milford 19963		9%444420072023 or 20242038 or 2039
Bethel Villa
506 East 5th Street, Wilmington 19801		9%15015020082023 or 20242038 or 2039
Clayton Court
502 N. Dupont Street, Wilmington 19805		4% and 9%727220082023 or 20242038 or 2039

Watch one of these properties

Pick a property and we'll email when it moves closer to Year 15 (inside two years, then inside one) or when HUD's record for it changes in a new release. Every Delaware property is in the download on the data page.

Alert emails haven't started on this site yet. Your sign-up is saved, and when sending starts the first email asks you to confirm.

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 Delaware: 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.