Year Fifteen
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Placed in service 2014

Illinois tax credit properties at Year 15 in 2028

HUD's database lists 26 Illinois properties placed in service in 2014, with 2,094 apartments (2,027 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.

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
Buttonwood Trails
455 SE Tenth Ave, Aledo 61231		n/a404020112028 or 20292043 or 2044
Mill Street Station
810 W Mill St, Carbondale 62901		n/a636220122028 or 20292043 or 2044
Eden Supportive Living
222 N State St, Champaign 61820		n/a15014220122028 or 20292043 or 2044
Congress Parkway
261 E Congress Pkwy, Chicago 		n/a606020122028 or 20292043 or 2044
Darul Amaan
4820 N, Kedzie, Chicago 60625		9%565620122028 or 20292043 or 2044
Dorchester Artist Housing
1456 E. 70th Street, Chicago 60637		9%322320132028 or 20292043 or 2044
Evergreen Tower I
1353 N Cleveland Ave, Chicago 60610		n/a10210220132028 or 20292043 or 2044
Hope Manor II Apartments
6002 S Halsted St, Chicago 60621		n/a737320142028 or 20292043 or 2044
Lake Street Studios
727 W Lake St, Chicago 60661		n/a616120122028 or 20292043 or 2044
North And Pulaski Elderly Apartment
3949 W. North Ave, Chicago 60647		n/a7271n/a2028 or 20292043 or 2044
Senior Suites Of Norwood Park
5700 N Harlem Ave, Chicago 60631		n/a848020122028 or 20292043 or 2044
Town Hall Apartments
3600 N. Halsted, Chicago 60613		n/a793520132028 or 20292043 or 2044
The Country Club Hills Wellness Center
4411 Gatling Blvd, Country Club Hills 60478		n/a777720102028 or 20292043 or 2044
Buena Vista Towers
222 Locust St, Elgin 60123		n/a969620132028 or 20292043 or 2044
Emerson Square
1600 Foster St, Evanston 60201		9%282820132028 or 20292043 or 2044
Sandburg Village
666 Home Blvd, Galesburg 61401		n/a12812820132028 or 20292043 or 2044
Lakewood Village
Grayslake Island Lake 		n/a848420132028 or 20292043 or 2044
Liberty Meadow Estates Phase II
1407 Uarrow Dr, Joliet 		n/a424220112028 or 20292043 or 2044
Plowfield Square
700 Malerich Dr, Lincoln 62656		9%373720142028 or 20292043 or 2044
Mount Prospect Horizon
1703 E Kensington Rd, Mt Prospect 60056		n/a919120122028 or 20292043 or 2044
Grove Apts
820 Madison St, Oak Park 60302		n/a515120122028 or 20292043 or 2044
Peoria Portfolio I - IV
818 W Hurlburt St, Peoria 61605		n/a47847820132028 or 20292043 or 2044
Northtown Apts
1524 Melmar Dr, Sparta 62286		9%161620122028 or 20292043 or 2044
Country Lane Apts
11th & Woodburn Ave, Sterling 		9%484820142028 or 20292043 or 2044
Jefferson Square Apts
102 S Calhoun St, Sullivan 61951		n/a202020132028 or 20292043 or 2044
Hathaway Homes
Taylorville Pana Stoningto 		n/a262620122028 or 20292043 or 2044

Watch one of these properties

Pick a property and we'll email when it moves closer to Year 15 (inside two years, then inside one) or when HUD's record for it changes in a new release. Every Illinois property is in the download on the data page.

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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: 2023, 2024, 2025, 2026, 2027, 2029, 2030, 2031, 2032.