Placed in service 2014

Iowa tax credit properties at Year 15 in 2028

HUD's database lists 17 Iowa properties placed in service in 2014, with 868 apartments (827 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.

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.
Property	Credit	Units	Low-income	Allocated	Compliance ends	Extended use at least to
Columbus Junction Park 820 Springer Ave, Columbus Junction 52738	4% and 9%	24	24	2013	2028 or 2029	2043 or 2044
Bloomsbury Village 1440 E Grand Ave, Des Moines 50316	4% and 9%	30	30	2013	2028 or 2029	2043 or 2044
Broadway Heights Apartments I 4282 E 50th St, Des Moines 50317	9%	65	65	2013	2028 or 2029	2043 or 2044
Elsie Mason Manor 430 Grand Ave, Des Moines 50309	4%	150	150	2012	2028 or 2029	2043 or 2044
Melbourne Apartments III 5515 SE 14th St, Des Moines 50320	9%	72	72	2013	2028 or 2029	2043 or 2044
Plymouth Place 4111 Ingersoll Avenue, Des Moines 50312	4% and 9%	131	106	2012	2028 or 2029	2043 or 2044
Southern Meadows Homes 2800 SE 8th St, Des Moines 50315	9%	38	38	2012	2028 or 2029	2043 or 2044
Community Plaza Apartments 125 Cathedral Oaks Rd, Forest City 50436	4% and 9%	24	24	2013	2028 or 2029	2043 or 2044
Heartland Senior Housing 610 Central Ave, Fort Dodge 50501	4% and 9%	48	42	2012	2028 or 2029	2043 or 2044
Prairie Village Of Laporte City 220 Valley Dr, La Porte City 50651	4%	32	32	2012	2028 or 2029	2043 or 2044
Marshalltown Senior Residences 201 E Main St, Marshalltown 50158	4% and 9%	28	28	2013	2028 or 2029	2043 or 2044
The Tallcorn 2 N 2nd Ave, Marshalltown 50158	4% and 9%	49	45	2012	2028 or 2029	2043 or 2044
River West Apartments 674 Terrace Park Blvd, Milford 51351	4% and 9%	30	30	2013	2028 or 2029	2043 or 2044
The Reserves At Mill Farm 1135 W 16th St, Pella 50219	9%	32	31	2013	2028 or 2029	2043 or 2044
Prairie Ridge 1011 16th St, Sheldon 51201	4%	24	24	2013	2028 or 2029	2043 or 2044
The Reserves At Storm Lake 1500 Seneca, Storm Lake 50588	9%	32	31	2013	2028 or 2029	2043 or 2044
Alice Place 255 SE Brick Drive, Waukee 50263	9%	59	55	2013	2028 or 2029	2043 or 2044

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.

Property

Email me when this alert fires. I can unsubscribe in one click. No marketing lists.

Alert emails haven't started on this site yet. Your sign-up is saved, and when sending starts the first email asks you to confirm.

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