Year Fifteen
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Placed in service 2010

Iowa tax credit properties at Year 15 in 2024

HUD's database lists 21 Iowa properties placed in service in 2010, with 1,641 apartments (1,613 low-income). If the credit period started that year, the 15-year compliance periods ended around 2024, and extended use runs to at least 2039 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
Hometown Harbor Bettendorf
2205 Kimberly Rd, Bettendorf 52722		TCEP only11611620082024 or 20252039 or 2040
Vera French Holiday Court
3465 Holiday Ct, Bettendorf 52722		9%131320092024 or 20252039 or 2040
Cedar View Apts
1100 O Ave NW, Cedar Rapids 52405		9%453620082024 or 20252039 or 2040
The Roosevelt
200 First Ave NE, Cedar Rapids 52401		TCEP only969220082024 or 20252039 or 2040
Harvester Artist Lofts
1000 S Main St, Council Bluffs 51503		4% and 9%363620082024 or 20252039 or 2040
Cross Creek Apts Of Davenport Phase II
5901 Elmore Ave, Davenport 52807		TCEP only14414420082024 or 20252039 or 2040
Homes Of Oakridge I
926 Oakridge Dr, Des Moines 50314		9%15015020082024 or 20252039 or 2040
Homes Of Oakridge II
923 Oakridge Dr, Des Moines 		4% and 9%15015020082024 or 20252039 or 2040
Martin Luther King Brickstone Development
1039 19th St, Des Moines 50314		9%181820102024 or 20252039 or 2040
Melbourne Apts Phase I
5515 SE 14th St, Des Moines 50320		TCEP only848420082024 or 20252039 or 2040
Metro Lofts
255 Vine St, Des Moines 		TCEP only11110220082024 or 20252039 or 2040
Rumely Lofts
104 SW Fourth St, Des Moines 50309		TCEP only666620082024 or 20252039 or 2040
Willow Bend Apts I
6616 SW Ninth St, Des Moines 50315		TCEP only595820082024 or 20252039 or 2040
Applewood III
3225 Pennsylvania Ave, Dubuque 52001		9%424120092024 or 20252039 or 2040
Aniston Village
1062 Chamberlain Dr, Iowa City 52240		9%222220082024 or 20252039 or 2040
Murray Apts
821 Jackson St, Sioux City 51105		4% and 9%171720092024 or 20252039 or 2040
Liberty Manor
1119 Kent Cir, Waterloo 50701		TCEP only575420092024 or 20252039 or 2040
Unity Square
100 Unity Sq, Waterloo 50703		9%404020092024 or 20252039 or 2040
Chapel Ridge West II
210 S 41st St, West Des Moines 50265		TCEP only959420082024 or 20252039 or 2040
Whisper Ridge
9005 Bridgewood Blvd, West Des Moines 50266		TCEP only20820820082024 or 20252039 or 2040
Rd Preservation II
426 428 W Mills St, Winterset 		4% and 9%727220082024 or 20252039 or 2040

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 Iowa 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 Iowa: 2023, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.