Year Fifteen
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Placed in service 2011

Iowa tax credit properties at Year 15 in 2025

HUD's database lists 33 Iowa properties placed in service in 2011, with 1,788 apartments (1,775 low-income). If the credit period started that year, the 15-year compliance periods ended around 2025, and extended use runs to at least 2040 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
Prairie Village Of Adel
600 S 12th St, Adel 50003		4%242320102025 or 20262040 or 2041
Eastwood Of Ames
420 E Seventh St, Ames 50010		TCEP only606020092025 or 20262040 or 2041
Laverne Apts
919 S 16th St, Ames 50010		TCEP only626220092025 or 20262040 or 2041
Cedar Pond Townhomes
3025 Williams Pkwy SW, Cedar Rapids 52404		9%909020092025 or 20262040 or 2041
Oak Hill Jackson Brickstone
951 Sixth St SE, Cedar Rapids 52401		TCEP only979620092025 or 20262040 or 2041
Sugar Creek Bend
2160 Sugar Creek Dr NW, Cedar Rapids 52405		TCEP only202020092025 or 20262040 or 2041
The Rose Of Council Bluffs
2306 Sherwood Dr, Council Bluffs 51503		TCEP only767620092025 or 20262040 or 2041
The Iowana
203 W Montgomery St, Creston 50801		9%242420102025 or 20262040 or 2041
The Taylor Renaissance
1430 Warren St, Davenport 52804		4% and 9%414120092025 or 20262040 or 2041
East Des Moines Rehab
1441 Des Moines St, Des Moines 50316		9%606020092025 or 20262040 or 2041
Martin Luther King Brickstone II
1051 19th St, Des Moines 50314		9%303020102025 or 20262040 or 2041
Riverpoint Lofts
340 SW Seventh St, Des Moines 50309		4% and 9%919120102025 or 20262040 or 2041
South View Senior Apts II
1900 Sixth Ave, Des Moines 		9%404020102025 or 20262040 or 2041
Ymca Supportive Housing
2 SW Ninth St, Des Moines 50309		TCEP only14014020092025 or 20262040 or 2041
Dubuque Senior Apts
1401 Wingate Dr, Dubuque 52002		9%616120102025 or 20262040 or 2041
Bluff Apts Of Fort Madison
5202 River Valley Rd, Fort Madison 52627		TCEP only404020092025 or 20262040 or 2041
Grimes Park II
155 NW Maplewood Dr, Grimes 50111 · no longer monitored		n/a242419922025 or 20262040 or 2041
Cottages At Johnston Commons
5814 Northglenn Dr, Johnston 50131		9%313120102025 or 20262040 or 2041
Westport Terrace
950 Johnson St Rd, Keokuk 52632		9%727220092025 or 20262040 or 2041
Mitchellville Park Apts
401 Ctr Ave S, Mitchellville 50169		4% and 9%242420102025 or 20262040 or 2041
Mt Pleasant Park Apts
1202 N Palm Ave, Mt Pleasant 52641		4% and 9%242420102025 or 20262040 or 2041
Meadows Apts Of Nevada
402 Fifth St, Nevada 50201		4% and 9%494820092025 or 20262040 or 2041
Neveda Elderly Apts
833 S 13th St, Nevada 50201		4% and 9%242420102025 or 20262040 or 2041
North Liberty Living Center
450 Ashley Ct, North Liberty 52317		TCEP only808020092025 or 20262040 or 2041
Norwalk & Grimes Parks II
900 E 17th St, Norwalk 50211		4%404020102025 or 20262040 or 2041
State Center Park Apts
609 Second St NW, State Center 50247		4% and 9%242420102025 or 20262040 or 2041
Village Park Apts
1015 S Prospect Dr, Toledo 52342		4% and 9%242420102025 or 20262040 or 2041
The Preserve At Crossroads
1455 Oleson Rd, Waterloo 50702		TCEP only969620092025 or 20262040 or 2041
Hometown Harbor Waukee
560 SE Brick Dr, Waukee 50263		TCEP only11611620092025 or 20262040 or 2041
Waukee Family Housing
1300 SE Jacob, Waukee 50263		9%909020102025 or 20262040 or 2041
Crestview Terrace
916 Ashworth Rd, West Des Moines 50265		TCEP only555520092025 or 20262040 or 2041
Woodland West Apts
3405 Woodland Ave, West Des Moines 50266		9%483820102025 or 20262040 or 2041
428 Walker
428 Walker St, Woodbine 51579		9%111120102025 or 20262040 or 2041

Watch one of these properties

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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, 2024, 2026, 2027, 2028, 2029, 2030, 2031, 2032.