Placed in service 2018

Iowa tax credit properties at Year 15 in 2032

HUD's database lists 9 Iowa properties placed in service in 2018, with 532 apartments (511 low-income). If the credit period started that year, the 15-year compliance periods end around 2032, and extended use runs to at least 2047 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
Villas At Meadow Springs 710 S Ankeny Blvd, Ankeny 50023	9%	48	43	2016	2032 or 2033	2047 or 2048
4th Avenue Lofts 238 4th Ave N, Clinton 52732	9%	48	43	2016	2032 or 2033	2047 or 2048
Coral Ridge Apartments 915 20th Ave, Coralville 52241	9%	56	50	2016	2032 or 2033	2047 or 2048
Bluffs Towers Apartments 38 Pearl St, Council Bluffs 51503	4%	70	70	2016	2032 or 2033	2047 or 2048
Corinthian Gardens 1011 University Ave, Des Moines 50314	4%	75	75	2016	2032 or 2033	2047 or 2048
Legacy Park 1635 6th Ave, Des Moines 50314	4% and 9%	76	76	2016	2032 or 2033	2047 or 2048
Legacy Park 1635 6th Ave, Des Moines 50314	4% and 9%	61	61	2016	2032 or 2033	2047 or 2048
Harrison Lofts 1716 Bandag Ave, Muscatine 52761	9%	52	52	2016	2032 or 2033	2047 or 2048
The Aberdeen Apartments 1121 Jackson St, Sioux City 51105	4% and 9%	46	41	2017	2032 or 2033	2047 or 2048

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, 2025, 2026, 2027, 2028, 2029, 2030, 2031.