Year Fifteen
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Placed in service 2012

Delaware tax credit properties at Year 15 in 2026

HUD's database lists 5 Delaware properties placed in service in 2012, with 258 apartments (258 low-income). If the credit period started that year, the 15-year compliance periods end this year, and extended use runs to at least 2041 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
Bayard Plaza
206 W. Loockerman Street, Dover 19901		9%484820102026 or 20272041 or 2042
Carvel Gardens
P.o. Box 635 3000 Daniel Street, Laurel 19956		9%10010020112026 or 20272041 or 2042
Hampton Circle
600 Hampton Circle, Seaford 19973		9%353520102026 or 20272041 or 2042
Heron Run
363 East Commerce Street, Smyrna 19977		4% and 9%404020112026 or 20272041 or 2042
Monroe Terrace
606 N. Jefferson Street, Wilmington 19801		TCEP only353520092026 or 20272041 or 2042

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.

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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: 2023, 2024, 2025, 2027, 2028, 2029, 2030, 2031, 2032.