Placed in service 2012
Illinois tax credit properties at Year 15 in 2026
HUD's database lists 39 Illinois properties placed in service in 2012, with 3,063 apartments (2,621 low-income). If the credit period started that year, the 15-year compliance periods end this year, and extended use runs to at least 2041 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Countryside Village I (Cambria) 102 Ralph St, Cambria 62915 | n/a | 23 | 23 | 1989 | 2026 or 2027 | 2041 or 2042 |
| Countryside Village II (Cambria) 102 Ralph St, Cambria 62915 | n/a | 23 | 23 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Maplewood Estates 104 Fairway Dr, Centralia 62801 | n/a | 48 | 48 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Harold Washington Apts 4944 N Sheridan Rd, Chicago 60640 | 4% | 69 | 69 | 2013 | 2026 or 2027 | 2041 or 2042 |
| North & Talman Redevelopment III 1605 N Washtenaw Ave, Chicago 60647 | n/a | 33 | 33 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Park Blvd Iia 3622 S State St, Chicago 60609 | n/a | 128 | 99 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Paul G Stewart IV A 400 E 41st St, Chicago 60653 | 4% and 9% | 66 | 66 | 2008 | 2026 or 2027 | 2041 or 2042 |
| Randolph Tower City Apts 188 W Randolph St, Chicago 60601 | TCEP only | 312 | 63 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Renaissance Apts 6105 S Ellis Ave, Chicago 60637 | 9% | 117 | 117 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Viceroy Housing Apts 1519 W Warren Blvd, Chicago 60607 | n/a | 89 | 89 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Oxford House 2700 N Monroe St, Decatur 62526 | n/a | 156 | 141 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Canterbury House Apts II 1501 Lowell Park Rd, Dixon 61021 | n/a | 58 | 52 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Ridgewood Towers 545 Ave Of The Cities, East Moline 61244 | n/a | 140 | 140 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Elgin Artspace Lofts 51 S Spring St, Elgin 60120 | n/a | 55 | 55 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Mary Allen West Tower 121 W Simmons St, Galesburg 61401 | 4% and 9% | 153 | 153 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Grayslake Senior Housing Belvidere & Neville Rd, Grayslake | n/a | 70 | 70 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Heritage Woods Of Gurnee 3755 Grand Ave, Gurnee 60031 | n/a | 105 | 84 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Thomas Place-gurnee 501 N Hunt Club Rd, Gurnee 60031 | n/a | 100 | 100 | 2010 | 2026 or 2027 | 2041 or 2042 |
| The Residences Of Lake In The Hills 2601 Village Hall Dr, Lake In The Hills 60156 | n/a | 93 | 93 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Indian Trail Apts (Lawrenceville) 9 Yost Ct, Lawrenceville 62439 | n/a | 44 | 44 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Gateway Apts 1676 Market St, Madison 62060 | n/a | 78 | 78 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Lamplight Manor 710 S Hancock St, Mc Leansboro 62859 | n/a | 24 | 24 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Mendota Senior Housing Phase I 1635 William Way, Mendota 61342 | n/a | 50 | 50 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Moline Enterprise Live-work Lofts 1809 River Dr, Moline 61265 | TCEP only | 69 | 50 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Westwood Terrace 2200 First St, Moline | n/a | 97 | 97 | 2011 | 2026 or 2027 | 2041 or 2042 |
| The Homestead At Morton Grove 6400 Lincoln Ave, Morton Grove 60053 | TCEP only | 82 | 19 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Oglesby Senior Housing Phase I 355 Cerulla Cir, Oglesby 61348 | n/a | 50 | 50 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Diamond Senior Apts 3350 White Oak Dr, Oswego 60543 | n/a | 60 | 60 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Whispering Hills 110 Taylor Dr, Port Byron 61275 | 4% and 9% | 72 | 72 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Timberline Terrace Senior Apts 4611 State St, Quincy 62305 | 4% and 9% | 56 | 56 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Barrington Farms Subdivision 1707 W Cherry St, Robinson 62454 | 4% and 9% | 32 | 32 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Jane Addams Park Apts 502 Seminary St, Rockford 61104 | n/a | 38 | 38 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Oak Hill Supportive Living Facility 76 E Rollins Rd, Round Lake Beach 60073 | n/a | 94 | 84 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Johnston Garden Apts 1615 Blackhawk Blvd, South Beloit 61080 | 4% and 9% | 50 | 50 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Melmar Apts 101 Melmar Ct, Sparta 62286 | n/a | 40 | 40 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Sterling Family Housing 2105 Freeport Rd, Sterling 61081 | n/a | 22 | 20 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Victory Centre Of Vernon Hills Senior 97 W Phillip Rd, Vernon Hills 60061 | TCEP only | 111 | 111 | 2009 | 2026 or 2027 | 2041 or 2042 |
| Victory Centre Of Vernon Hills Slf 99 W Phillip Rd, Vernon Hills 60061 | TCEP only | 120 | 96 | 2009 | 2026 or 2027 | 2041 or 2042 |
| Karcher Artspace Lofts 405 Washington St, Waukegan 60085 | n/a | 36 | 32 | 2010 | 2026 or 2027 | 2041 or 2042 |
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: 2023, 2024, 2025, 2027, 2028, 2029, 2030, 2031, 2032.