Year Fifteen
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Placed in service 2012

Iowa tax credit properties at Year 15 in 2026

HUD's database lists 26 Iowa properties placed in service in 2012, with 1,422 apartments (1,407 low-income). If the credit period started that year, the 15-year compliance periods end this year, and extended use runs to at least 2041 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
Afton Park Apts
910 N Clayton St, Afton 50830		4% and 9%403820102026 or 20272041 or 2042
Meadow Vista Parkside
2647 17th St SW, Altoona 50009		9%595920102026 or 20272041 or 2042
Meadow Vista Senior Villas
1806 28th Ave SW, Altoona 50009		9%505020102026 or 20272041 or 2042
Fletcher Estates
205 NE Hayes Dr, Ankeny 50021		9%484820112026 or 20272041 or 2042
Greenway Of Burlington
2312 Valley St, Burlington 52601		4% and 9%13413320102026 or 20272041 or 2042
Thunder Ridge Senior Apts
212 N Magnolia Dr, Cedar Falls 50613		n/a424220102026 or 20272041 or 2042
Capitol City Duplexes
3600 SE 11th St, Des Moines 50315		4% and 9%161620112026 or 20272041 or 2042
Christ The King Senior Housing
5711 SW Ninth St, Des Moines 50315		9%282820102026 or 20272041 or 2042
Crane Artists Lofts
1440 Walnut St, Des Moines 50309		4% and 9%363020112026 or 20272041 or 2042
Crosswinds
1632 Hull Ave, Des Moines 50313		4% and 9%12011920102026 or 20272041 or 2042
Forest & Fields
2104 Forest Ave, Des Moines 50311		9%282820112026 or 20272041 or 2042
Fort Des Moines Senior Housing
505 Army Post Rd, Des Moines 50315		9%606020102026 or 20272041 or 2042
Olive Street Brickstone
1710 High St, Des Moines 50309		9%212120102026 or 20272041 or 2042
Parkwinds
3600 E Douglas Ave, Des Moines 50317		4% and 9%969520092026 or 20272041 or 2042
Prairie Winds
2201 E Park Ave, Des Moines 50320		4% and 9%727120102026 or 20272041 or 2042
Southwinds Apts
1264 Cummins Rd, Des Moines 50315		4% and 9%605820102026 or 20272041 or 2042
The Rose Of Dubuque
3390 Lake Ridge Dr, Dubuque 52003		9%707020112026 or 20272041 or 2042
Thomas Square At Grimes
601 101 SE Dovetail, Grimes 		9%505020112026 or 20272041 or 2042
Fb Harlan
919 Dye St, Harlan 51537		9%272720102026 or 20272041 or 2042
Marion Manor I
224 Marion Dr, Iowa Falls 50126		4%242420102026 or 20272041 or 2042
Marion Manor II
1228 N Fremont St, Iowa Falls 50126		4%161620102026 or 20272041 or 2042
Suncrest Village
101 W Fourth St S, Newton 50208		4% and 9%595820102026 or 20272041 or 2042
Cedarbrooke Place Apts
2503 Cedar St, Norwalk 50211		9%606020102026 or 20272041 or 2042
Good Life Retirement Center
1313 Wright Rd, Norwalk 50211		4% and 9%565620102026 or 20272041 or 2042
Legacy Manor Of Waterloo
1050 Flammang Dr, Waterloo 50702		9%606020102026 or 20272041 or 2042
Russell Lamson
209 W Fifth St, Waterloo 50701		4% and 9%909020102026 or 20272041 or 2042

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, 2024, 2025, 2027, 2028, 2029, 2030, 2031, 2032.