Year Fifteen
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Placed in service 2011

Hawaii tax credit properties at Year 15 in 2025

HUD's database lists 8 Hawaii properties placed in service in 2011, with 947 apartments (943 low-income). If the credit period started that year, the 15-year compliance periods ended around 2025, and extended use runs to at least 2040 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
E Komo Mai Apts
816 Kinoole St, Hilo 96720		9%454420092025 or 20262040 or 2041
Banyan Street Manor
1122 Banyan St, Honolulu 96817		4%555420102025 or 20262040 or 2041
Kuhio Park Terrace Towers A
1475 Linapuni St, Honolulu 96819		4%27127020102025 or 20262040 or 2041
Kuhio Park Terrace Towers B
1545 Linapuni St, Honolulu 96819		4%28528520102025 or 20262040 or 2041
The Villas At Maluohai
91 1025 Kaiau Avenue, Kapolei 96707		TCEP only717120092025 or 20262040 or 2041
Whitmore Circle Apartments
111 Circle Makai Street, Wahiawa 96786		4%444320102025 or 20262040 or 2041
Whitmore Circle Apts
111 N Cir Makai St, Wahiawa 96786 · no longer monitored		9%444420102025 or 20262040 or 2041
Hale Wai Vista II
86 086 Farrington Highway, Waianae 96792		TCEP only13213220092025 or 20262040 or 2041

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, 2024, 2026, 2027, 2028, 2029, 2030, 2031, 2032.