Placed in service 2017
Indiana tax credit properties at Year 15 in 2031
HUD's database lists 30 Indiana properties placed in service in 2017, with 3,274 apartments (3,223 low-income). If the credit period started that year, the 15-year compliance periods end around 2031, and extended use runs to at least 2046 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| The Mercantile 302 N Harrison Street, Alexandria 46001 | 9% | 26 | 26 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Crawford Apartments II 2440 S Henderson Street, Bloomington 47401 | 9% | 36 | 36 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Historic Blue Bell Lofts 307 S Whitley St, Columbia City 46725 | 9% | 52 | 52 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Salem Place Apartments (Daleville Apartments) 14700 W Davis Dr, Daleville 47334 | 9% | 64 | 64 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Caldwell Homes 736 Cross St, Evansville 47713 | 4% | 121 | 121 | 2014 | 2031 or 2032 | 2046 or 2047 |
| Kennedy And Buckner Towers 315 SE Martin Luther King Jr. Blvd, Evansville 47713 | 4% | 208 | 208 | 2014 | 2031 or 2032 | 2046 or 2047 |
| Schnute And White Oaks Towers Scattered Sites, Evansville 47710 | 4% | 230 | 230 | 2014 | 2031 or 2032 | 2046 or 2047 |
| Concord Commons 1 2002 Hanley Street, Gary 46406 | 4% | 156 | 156 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Concord Commons II 1901 1920 Burr Street, Gary 46406 | 4% | 198 | 198 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Village Of Hope 400 W 12th Ave, Gary 46407 | 9% | 44 | 44 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Woodlake Village II 9101 East 5th Appr Avenue, Gary 46403 | 4% | 170 | 170 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Woodlake Village III 8901 E 5th Ave, Gary 46403 | 4% | 64 | 64 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Prairie Meadows Apartments, Phase II 2915 Sweet Grass Lane, Greenfield 46140 | 4% | 76 | 76 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Sohl Avenue Assisted Living 5640 Sohl Avenue, Hammond 46230 | 4% | 125 | 125 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Eagledale Senior Apartments 2930 Lafayette Road, Indianapolis 46222 | 9% | 65 | 65 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Florence Fay School Senior Apartments 2815 English Ave, Indianapolis 46201 | 9% | 73 | 73 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Hubbard Gardens 4004 Meadows Dr, Indianapolis 46205 | 4% | 330 | 330 | 2017 | 2031 or 2032 | 2046 or 2047 |
| Monon Lofts 1102 E 16th St, Indianapolis 46202 | 4% | 193 | 142 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Northside Flats 1304 N Delaware St, Indianapolis 46202 | 4% | 219 | 219 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Jasper Lofts 402 E 13th Street, Jasper 47546 | 9% | 67 | 67 | 2015 | 2031 or 2032 | 2046 or 2047 |
| M. Fine On Spring 835 Spring St, Jeffersonville 47130 | 9% | 51 | 51 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Atz Place 301 East Wayne Street, Kendallville 46755 | 9% | 38 | 38 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Apperson Way Apartments 600 N Apperson Way, Kokomo 46901 | 9% | 69 | 69 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Belvedere Senior Housing 343 East 90th Dr, Merrillville 46410 | 4% | 126 | 126 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Edgewood Apartments 301 321 W 58th Place, Merriville 46410 | 4% | 190 | 190 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Dbg Properties LLC Scattered Sites, Napanee 46575 | 4% | 118 | 118 | 2015 | 2031 or 2032 | 2046 or 2047 |
| Music City Place 50 N 8th St, Richmond 47374 | 9% | 50 | 50 | 2015 | 2031 or 2032 | 2046 or 2047 |
| South Bend Permanent Supportive Housing (D.b.a. Oliver Apartments) 924 W Indiana St, South Bend 46613 | 9% | 32 | 32 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Rock City Lofts 39 E Market St, Wabash 46992 | 9% | 41 | 41 | 2014 | 2031 or 2032 | 2046 or 2047 |
| Little Crow Lofts 201 S Detroit, Warsaw 46580 | 9% | 42 | 42 | 2016 | 2031 or 2032 | 2046 or 2047 |
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, 2028, 2029, 2030, 2032.