Placed in service 2016

Illinois tax credit properties at Year 15 in 2030

HUD's database lists 7 Illinois properties placed in service in 2016, with 579 apartments (385 low-income). If the credit period started that year, the 15-year compliance periods end around 2030, and extended use runs to at least 2045 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
Bloomingdale Apts 1745 N Keystone Ave, Chicago 60639	4%	111	110	1999	2030 or 2031	2045 or 2046
Casa Queretaro 2012 W 17th St, Chicago 60608	n/a	45	45	2014	2030 or 2031	2045 or 2046
Cicero And George Senior Housing 4800 West George, Chicago 60641	9%	70	61	2015	2030 or 2031	2045 or 2046
City Gardens - 8116 312 S Maplewood Ave, Chicago 60612	9%	76	55	2015	2030 or 2031	2045 or 2046
Harvest Homes 3542-40 W. Fifth Ave, Chicago 60624	n/a	36	36	2016	2030 or 2031	2045 or 2046
Jeffery Towers 7020 Jeffery Blvd, Chicago 60649	4%	135	15	2015	2030 or 2031	2045 or 2046
Parkside Iib 459 W Division St, Chicago 60610	n/a	106	63	2014	2030 or 2031	2045 or 2046

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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, 2028, 2029, 2031, 2032.