Placed in service 2017

Iowa tax credit properties at Year 15 in 2031

HUD's database lists 14 Iowa properties placed in service in 2017, with 883 apartments (833 low-income). If the credit period started that year, the 15-year compliance periods end around 2031, and extended use runs to at least 2046 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
Centerville Senior Lofts 421 N Main St, Centerville 52544	9%	44	41	2015	2031 or 2032	2046 or 2047
Castlewood Apartments 2130 Emerald Dr, Davenport 52804	4%	96	96	2015	2031 or 2032	2046 or 2047
Lafayette Square 625 W 4th St, Davenport 52801	9%	48	45	2015	2031 or 2032	2046 or 2047
Mlk Crossing Senior Apartments 2455 Mlk Jr Pkwy, Des Moines 50310	9%	56	50	2015	2031 or 2032	2046 or 2047
Southridge Senior Lofts 695 E Army Post Rd, Des Moines 50315	9%	52	46	2015	2031 or 2032	2046 or 2047
The Brickstones At Riverbend 513 Forest Ave, Des Moines 50314	9%	30	27	2016	2031 or 2032	2046 or 2047
Applewood IV 3275 Pennsylvania Ave, Dubuque 52001	9%	60	54	2016	2031 or 2032	2046 or 2047
Diamond Senior Apartments Of Iowa City 1030 William St, Iowa City 52240	9%	40	36	2016	2031 or 2032	2046 or 2047
Pheasant Ridge 2626 Bartelt Rd, Iowa City 52246	4%	248	248	2017	2031 or 2032	2046 or 2047
Keokuk Senior Lofts 925 Main St, Keokuk 52632	9%	45	40	2015	2031 or 2032	2046 or 2047
Blairs Ferry Senior 830 Blairs Ferry Rd NE, Marion 52302	9%	60	57	2015	2031 or 2032	2046 or 2047
Hamlin Bell Senior Housing 2023 Willis Ave, Perry 50220	9%	36	32	2015	2031 or 2032	2046 or 2047
Willis Avenue Apartments 913 Willis Ave, Perry 50220	9%	38	34	2015	2031 or 2032	2046 or 2047
Southern Pointe 902 13th St SW, Spencer 51301	9%	30	27	2015	2031 or 2032	2046 or 2047

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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, 2029, 2030, 2032.