Placed in service 2013
Illinois tax credit properties at Year 15 in 2027
HUD's database lists 36 Illinois properties placed in service in 2013, with 2,442 apartments (2,244 low-income). If the credit period started that year, the 15-year compliance periods end around 2027, and extended use runs to at least 2042 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Phoenix Towers Apts 202 W Locust St, Bloomington 61701 | n/a | 158 | 158 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Ashland Place 1700 E Ash St, Canton 61520 | n/a | 42 | 37 | 2011 | 2027 or 2028 | 2042 or 2043 |
| 1704 N Humboldt Building 1704 N Humboldt Blvd, Chicago 60647 | n/a | 29 | 28 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Borinquen Bella 1414 N Washtenaw Ave, Chicago 60622 | 9% | 47 | 47 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Borinquen Bella L.p 1451 N Washtenaw, Chicago 60622 | 9% | 47 | 47 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Bronzeville Assoc Senior Apts LP 460 E 41st St, Chicago 60653 | n/a | 97 | 97 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Buffett Place 3208 N Sheffield Ave, Chicago 60657 | 9% | 51 | 51 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Lakefront Phase II 1140 E 42nd Pl, Chicago 60653 | 9% | 6 | 4 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Lakefront Phase II 4130 S Oakenwald, Chicago 60653 | 9% | 21 | 16 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Lakefront Phase II 4131 S Lake Park, Chicago 60653 | 9% | 6 | 5 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Lakefront Phase II 1060 E. 41st St, Chicago 60653 | 9% | 81 | 55 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Lakefront Phase II 4143 S Lake Park, Chicago 60653 | 9% | 18 | 13 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Oakwood Shores 2d 615-627 E 38th St (Scattered Sites), Chicago | n/a | 66 | 44 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Park Boulevard Iib 3720 Dearborn, Chicago 60609 | 9% | 108 | 72 | 2013 | 2027 or 2028 | 2042 or 2043 |
| Pullman Suites Senior Apartments 15 E. 112th Place, Chicago 60628 | n/a | 59 | 60 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Senior Suites At Midway Village 6800 S Keating Ave, Chicago 60629 | 9% | 89 | 89 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Senior Suites Of Midway Village . 6800 South Keating Avenue, Chicago 60629 | 9% | 89 | 89 | 2012 | 2027 or 2028 | 2042 or 2043 |
| St Stephens Terrace Apts 2333 W Jackson Blvd, Chicago 60612 | n/a | 247 | 221 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Woodlawn Center North Apts 6127 S Cottage Grove Ave, Chicago 60637 | n/a | 33 | 29 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Woodlawn Six Apts Chicago | n/a | 100 | 100 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Zapata Apts 1955 N St Louis Ave, Chicago 60647 | n/a | 61 | 61 | 2011 | 2027 or 2028 | 2042 or 2043 |
| South Suburban Chicago Heights 1040 Dixie Hwy, Chicago Heights 60411 | n/a | 144 | 115 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Gardiner Place Senior Apts 251 River Haven Dr, East Dundee 60118 | n/a | 82 | 70 | 2011 | 2027 or 2028 | 2042 or 2043 |
| River Haven Place 351 River Haven Ct, East Dundee 60118 | n/a | 68 | 68 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Heritage Woods Of Freeport 1500 S Forest Rd, Freeport 61032 | n/a | 76 | 61 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Blue Sky Meadows 860 E Mason St, Havana | n/a | 40 | 40 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Woodlawn Apts 861 Pierce Sq, Herrin 62948 | n/a | 48 | 48 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Deer Path Of Huntley 12500 Regency Pkwy, Huntley 60142 | n/a | 128 | 128 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Gilmore Estates 1200 Tendick St, Jacksonville 62650 | n/a | 22 | 22 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Myers Place 1585 Dempster St, Mt Prospect 60056 | n/a | 39 | 39 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Greenleaf Manor 3345 Sanders Rd, Northbrook 60062 | n/a | 20 | 20 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Thomas Place - Orland Park 15415 S Harlem Ave, Orland Park 60462 | n/a | 80 | 72 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Ottawa Senior Housing 400 Jim Thomas Cir, Ottawa 61350 | n/a | 62 | 60 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Twin Lakes Senior Villas 405 Twin Lakes Dr, Rantoul 61866 | n/a | 42 | 42 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Hamilton On The Park 1208 N Wright St, Urbana 61801 | n/a | 36 | 36 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Leisure Acres Phase I 12 Leisure Acres, Washington | n/a | 100 | 100 | 2012 | 2027 or 2028 | 2042 or 2043 |
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, 2026, 2028, 2029, 2030, 2031, 2032.