Placed in service 2014
Indiana tax credit properties at Year 15 in 2028
HUD's database lists 23 Indiana properties placed in service in 2014, with 1,456 apartments (1,454 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.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Erhal Senior Housing At Anderson 28 W 12th St, Anderson 46016 | 9% | 30 | 30 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Romweber Flats II 123 S Depot St, Batesville 47006 | 9% | 30 | 30 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Meadow Park Apts 601 Clinton St, Clinton 47842 | n/a | 60 | 60 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Cedar Trace Senior Apts 1501 Keller St, Evansville 47710 | 9% | 51 | 51 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Fairfield Community Home 2828 Fairfield Ave, Fort Wayne 46807 | 9% | 36 | 36 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Randall Lofts 606 S Harrison St, Fort Wayne 46802 | 9% | 42 | 42 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Trotters Pointe Phase IV 2600 Santa Anita Dr, Greenwood 46143 | 4% | 24 | 24 | 2013 | 2028 or 2029 | 2043 or 2044 |
| The Villages At Van Cleve 503 E Van Cleve St, Hartford City 47348 | n/a | 46 | 46 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Clifton Square 1100 W 30th St, Indianapolis 46208 | n/a | 57 | 57 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Covered Bridge Apts (Indianapolis) 6740 6744 4748 & 4752 A-d Barnwood Trace, Indianapolis | n/a | 252 | 252 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Englewood Lofts 1249 N Alabama St, Indianapolis 46202 | 9% | 24 | 24 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Franklin Cove II 3615 S Franklin Rd, Indianapolis 46239 | 4% | 64 | 64 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Meadowlark Apts 9426 E 44th St, Indianapolis 46235 | 4% | 360 | 360 | 2012 | 2028 or 2029 | 2043 or 2044 |
| The Point On Fall Creek II 2717 Anna Ln, Indianapolis 46205 | 9% | 50 | 50 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Copper Gate Apts 3140 Coppergate Dr, Lafayette 47909 | 4% | 12 | 12 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Merici Village 5707-5709 Lawton Loop, Lawrence | n/a | 20 | 20 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Cine Theater Senior Apts 155 N Main St, Linton 47441 | 9% | 41 | 41 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Mckinley School Apts 1501 Meadlawn Ave, Logansport 46947 | n/a | 38 | 38 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Lofts At Roberts 420 S High St, Muncie 47305 | 9% | 83 | 83 | 2012 | 2028 or 2029 | 2043 or 2044 |
| Downtown Terrace Main St, Between Sixth St & Seventh St, Petersburg | n/a | 42 | 42 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Prince Street Cottages 200 Block Of S Prince St, Princeton | n/a | 36 | 34 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Warren Village 1300 N 25th St, Terre Haute 47803 | 9% | 11 | 11 | 2013 | 2028 or 2029 | 2043 or 2044 |
| Clark's Crossing 300 N Sixth St, Vincennes 47591 | n/a | 47 | 47 | 2013 | 2028 or 2029 | 2043 or 2044 |
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: 2023, 2024, 2025, 2026, 2027, 2029, 2030, 2031, 2032.