Placed in service 2017

Hawaii tax credit properties at Year 15 in 2031

HUD's database lists 7 Hawaii properties placed in service in 2017, with 440 apartments (436 low-income). If the credit period started that year, the 15-year compliance periods end around 2031, and extended use runs to at least 2046 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.
Property	Credit	Units	Low-income	Allocated	Compliance ends	Extended use at least to
Mohouli Heights Senior Neighborhood Phase 2 565 Kupuna Place, Hilo 96720	9%	30	30	2015	2031 or 2032	2046 or 2047
Ainahau Vista II 2428a Tusitala St, Honolulu 96815	9%	62	62	2015	2031 or 2032	2046 or 2047
Kamakana Family Phase I 74-607 Manawalea Street, Kailua-kona 96740	9%	85	84	2015	2031 or 2032	2046 or 2047
Kamakana Villages Senior 74-607e Manawalea Street, Kailua-kona 96740	9%	85	85	2015	2031 or 2032	2046 or 2047
Meheula Vista II 95-1060 B Lehiwa Dr, Mililani 96789	9%	75	75	2015	2031 or 2032	2046 or 2047
Hale Mahaolu Ewalu Phase I 88 Ohia Ku Street, Pukalani 96732	9%	39	38	2015	2031 or 2032	2046 or 2047
Waipahu Tower 94-337 Pupumoni St, Waipahu 96797	4%	64	62	2017	2031 or 2032	2046 or 2047

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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, 2025, 2026, 2027, 2028, 2029, 2030, 2032.