Year Fifteen
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Placed in service 2009

Indiana tax credit properties at Year 15 in 2023

HUD's database lists 14 Indiana properties placed in service in 2009, with 753 apartments (729 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
Lincolnwood Estates
306 Lincoln Wood Dr, Alexandria 46001		9%323220072023 or 20242038 or 2039
Crescent Pointe
1210 N Crescent Rd, Bloomington 47404		9%454520082023 or 20242038 or 2039
Autumn Ridge II
156 Autumn Ridge Dr NW, Corydon 47112		n/a262420092023 or 20242038 or 2039
Northtown Village Townhomes
3600 Pulaski St, East Chicago 46312		9%757520082023 or 20242038 or 2039
Edward Estates
6901 Huguenard Rd, Fort Wayne 46818		n/a636020092023 or 20242038 or 2039
Clary Crossing Apts
3131 Clary Xing, Greenwood 46143		9%12011420082023 or 20242038 or 2039
Saxony Town Homes
1349 175th St, Hammond 46324		9%685720072023 or 20242038 or 2039
Coburn Place Safehaven
604 E 38th St, Indianapolis 46205		9%353520072023 or 20242038 or 2039
Stetson Senior Apts
703 E 30th St, Indianapolis 46205		9%474720082023 or 20242038 or 2039
The Georgetown
3621 Bunker Hill Dr, Indianapolis 46205 · no longer monitored		9%767620072023 or 20242038 or 2039
Historic Muncie Apts
451 E Second St, Muncie 47302		9%353520082023 or 20242038 or 2039
Country Trace
13500 Hwy 135 NE, Palmyra 47164		9%282620072023 or 20242038 or 2039
Spicewood Garden Apts
801 Ginger Ln, Sheridan 46069		9%232320082023 or 20242038 or 2039
Chapelgate Park Apts
3151 Chapel Gate Way, West Lafayette 47906		9%808020082023 or 20242038 or 2039

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