Placed in service 2011

Maine tax credit properties at Year 15 in 2025

HUD's database lists 8 Maine properties placed in service in 2011, with 283 apartments (274 low-income). If the credit period started that year, the 15-year compliance periods ended around 2025, and extended use runs to at least 2040 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
Webster School 95 Hampshire St, Auburn 04210	TCEP only	28	28	2010	2025 or 2026	2040 or 2041
Maine Hall 288 Union St, Bangor 04401	TCEP only	28	28	2009	2025 or 2026	2040 or 2041
Miller Square On Harlow 323 Harlow St, Bangor 04401	n/a	54	54	2009	2025 or 2026	2040 or 2041
York Manor 15 Amherst St, Biddeford 04005	4%	45	45	2010	2025 or 2026	2040 or 2041
Applewood Apts 73 Pearl St, Camden 04843	9%	30	21	2010	2025 or 2026	2040 or 2041
Knox Hotel 192 Main St, Thomaston 04861	TCEP only	29	29	2010	2025 or 2026	2040 or 2041
Gilman School 21 Gilman St, Waterville 04901	TCEP only	35	35	2009	2025 or 2026	2040 or 2041
Spring Crossing 19 Ash St, Westbrook 04092	TCEP only	34	34	2009	2025 or 2026	2040 or 2041

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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 Maine: 2023, 2024, 2026, 2027, 2028, 2029, 2030, 2031, 2032.