Year Fifteen
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Placed in service 2009

Illinois tax credit properties at Year 15 in 2023

HUD's database lists 31 Illinois properties placed in service in 2009, with 3,101 apartments (2,963 low-income). If the credit period started that year, the 15-year compliance periods ended around 2023, and extended use runs to at least 2038 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
Hunter's Trace Subdivision
1036 Hunters Cir, Benton 62812		9%323220072023 or 20242038 or 2039
Senior Estates Of Bolingbrook
550 Kildeer Dr, Bolingbrook 60440		9%10510520062023 or 20242038 or 2039
Village Green Apts (Rockford)
143 Blanchard Ct, Byron 61010		4% and 9%13213120082023 or 20242038 or 2039
The Villas At Heritage Woods
3 Heritage Cir, Centralia 62801		9%505020062023 or 20242038 or 2039
Antioch Homes III
301 W. Marquette Rd, Chicago 60621		n/a404020072023 or 20242038 or 2039
Britton Budd
501 W Surf St, Chicago 60657		4%17317220082023 or 20242038 or 2039
Casa Morelos
2013 S Morgan St, Chicago 60608		4% and 9%454520062023 or 20242038 or 2039
Coleman Place
116 E 43rd St, Chicago 60653		9%1189520072023 or 20242038 or 2039
G&a Senior Residence At Eastgate Village
300 E 26th St, Chicago 60616		9%11811720062023 or 20242038 or 2039
Greenview Place
1501 W Melrose, Chicago 60657		4%1079720082023 or 20242038 or 2039
Oakwood Shores 2a
4th Ward, Chicago 		9%969620062023 or 20242038 or 2039
Parkside Four
1333 N. Kingsbury Street, Chicago 		4%727220062023 or 20242038 or 2039
Renaissance St Luke Slf
1501 W Melrose St, Chicago 60657		4%1079720082023 or 20242038 or 2039
Renanssa
3123 W Douglas Blvd, Chicago 60623		4%545420072023 or 20242038 or 2039
Robert Taylor Homes C-2
4200 S Prairie Ave, Chicago 60653 · no longer monitored		9%1189520062023 or 20242038 or 2039
Rosa Park Apartments
2550 W North Avenue, Chicago 60647		n/a9494n/a2023 or 20242038 or 2039
Rosa Parks Apts
2550 W N Ave, Chicago 60647		TCEP only949420052023 or 20242038 or 2039
Senior Suites Of Kelvyn Park
2715 N Cicero Ave, Chicago 60639		9%858520072023 or 20242038 or 2039
Victory Centre Of Galewood Slf
2370 N Newcastle Ave, Chicago 60707 · no longer monitored		9%1027820062023 or 20242038 or 2039
Victory Centre Of South Chicago
3251 E 92nd Street, Chicago 60617		9%11211220072023 or 20242038 or 2039
Westhaven Park II - C - 8125
1939 W Lake St, Chicago 60612		n/a928320082023 or 20242038 or 2039
Madison Avenue Apts
511 E Monroe St, Du Quoin 62832		9%505020062023 or 20242038 or 2039
Village At Wheeler
1641 E Wheeler Cir, Macomb 61455		9%444420082023 or 20242038 or 2039
Valley View Apts Phase I
4700 60th St, Moline 		9%19219220062023 or 20242038 or 2039
Collier Garden Apts
2901 Searles Ave, Rockford 61101		n/a15015020092023 or 20242038 or 2039
Spring Valley Senior Housing Phase I
603 W Fourth St, Spring Valley 		9%505020062023 or 20242038 or 2039
Timberlake Supportive Living
2521 Empowerment Rd, Springfield 62703		9%604820062023 or 20242038 or 2039
Parkview Place Of Sterling
2205 Oak Grove Ave, Sterling 61081		9%766020062023 or 20242038 or 2039
Streator Senior Housing Phase II
601 Oakley, Streator 		9%505020062023 or 20242038 or 2039
Meachum Crossing Apts
1038 James Gray St, Venice 62090		9%787020072023 or 20242038 or 2039
Whispering Oaks Apts
2443 W Dugdale Rd, Waukegan 60085		n/a40540520082023 or 20242038 or 2039

Watch one of these properties

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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 Illinois: 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.