Year Fifteen
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Placed in service 2010

Hawaii tax credit properties at Year 15 in 2024

HUD's database lists 8 Hawaii properties placed in service in 2010, with 785 apartments (781 low-income). If the credit period started that year, the 15-year compliance periods ended around 2024, and extended use runs to at least 2039 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
Franciscan Vistas Ewa
91 1471 Miula Street, Ewa Beach 96706		4%15014920082024 or 20252039 or 2040
Lokahi Kau Apts
73 4411 Kakahiaka St, Kailua Kona 96740		4%30630420072024 or 20252039 or 2040
Ainakea Senior Residences
53 3988 Ainakea Drive, Kapaau 96755		9%302920092024 or 20252039 or 2040
Hale Mahaolu Ehiku Phase II
94 Ehiku Loop, Kihei 96753		TCEP only595920082024 or 20252039 or 2040
Koloa Hale Ohana Apts
3985 Ohuohu Road, Koloa 96756		TCEP only474720092024 or 20252039 or 2040
Lahaina Honokowai Villa Apartments
3535 Lower Honoapilani Rd, Lahaina 96761		TCEP only555520092024 or 20252039 or 2040
Lahaina Honokowai Villa Apts
3535 Lower Honoapiilani Rd, Lahaina 96761 · no longer monitored		n/a555520092024 or 20252039 or 2040
Hale Wai Vista I
86 084 Farrington Highway, Waianae 96792		9%838320092024 or 20252039 or 2040

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 Hawaii 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 Hawaii: 2023, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.