Placed in service 2015

Iowa tax credit properties at Year 15 in 2029

HUD's database lists 13 Iowa properties placed in service in 2015, with 686 apartments (634 low-income). If the credit period started that year, the 15-year compliance periods end around 2029, and extended use runs to at least 2044 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
Regency Villa Apartments 1601 Redwood Dr, Atlantic 50022	4%	24	20	2014	2029 or 2030	2044 or 2045
Kingston Village 600 2nd St SW, Cedar Rapids 52404	9%	64	54	2014	2029 or 2030	2044 or 2045
Hilltop I 3720 E Douglas Ave, Des Moines 50317	9%	36	32	2013	2029 or 2030	2044 or 2045
Hilltop Senior 3720 E Douglas Ave, Des Moines 50317	9%	62	55	2013	2029 or 2030	2044 or 2045
Ligutti Tower 555 5th Avenue, Des Moines 50309	4%	139	139	2013	2029 or 2030	2044 or 2045
Fairfield Park I Apartments 904 West Harrison, Fairfield 52556	4%	24	20	2014	2029 or 2030	2044 or 2045
Fairfield Park II Apartments 606 West Monroe, Fairfield 52556	4%	24	20	2014	2029 or 2030	2044 or 2045
Villas At Fox Pointe 2110 Madelyn Dr, Knoxville 50138	9%	50	42	2014	2029 or 2030	2044 or 2045
Newton Senior Residence 222 N 4th Avenue W, Newton 50208	9%	53	53	2013	2029 or 2030	2044 or 2045
Prairie Heights 802 14th St SE, Orange City 51041	9%	14	14	2014	2029 or 2030	2044 or 2045
Call Terminal II 1106 4th Street, Sioux City 51101	4%	70	59	2013	2029 or 2030	2044 or 2045
10th Street Townhomes 1101 Ontario St, Storm Lake 50588	9%	42	42	2013	2029 or 2030	2044 or 2045
Hotel President 500 Sycamore St, Waterloo 50703	4%	84	84	2014	2029 or 2030	2044 or 2045

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