Placed in service 2014
Hawaii tax credit properties at Year 15 in 2028
HUD's database lists 8 Hawaii properties placed in service in 2014, with 919 apartments (915 low-income). If the credit period started that year, the 15-year compliance periods end around 2028, and extended use runs to at least 2043 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Halawa View Apartments 99 009 Kalaloa St, Aiea 96701 | 9% | 121 | 120 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Ewa Villages Phase II 91 1655 Pahika Street, Ewa Beach 96706 | 4% | 76 | 75 | 2008 | 2028 or 2029 | 2043 or 2044 |
| Riverside Apartments 333 Ohai St, Hilo 96720 | 9% | 74 | 73 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Halekauwila Place 665 Halekauwila St, Honolulu 96813 | 4% | 203 | 203 | 2010 | 2028 or 2029 | 2043 or 2044 |
| Kewalo Apartments 1407 Kewalo Street, Honolulu 96822 | 9% | 38 | 38 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Senior Residence At Iwilei 888 Iwilei Rd, Honolulu 96817 | 4% | 159 | 159 | 2003 | 2028 or 2029 | 2043 or 2044 |
| Hale Mohalu II Family 787 Kamehameha Highway, Pearl City 96782 | 9% | 84 | 84 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Hale Mohalu II Senior 787 Kamehameha Hwy, Pearl City 96782 | 4% | 164 | 163 | 2007 | 2028 or 2029 | 2043 or 2044 |
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, 2025, 2026, 2027, 2029, 2030, 2031, 2032.