Placed in service 2012

Maine tax credit properties at Year 15 in 2026

HUD's database lists 10 Maine properties placed in service in 2012, with 350 apartments (335 low-income). If the credit period started that year, the 15-year compliance periods end this year, and extended use runs to at least 2041 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
Sullivan School Apts 45 School St, Berwick 03901	9%	34	34	2011	2026 or 2027	2041 or 2042
Emery School Apts 79 Birch St, Biddeford 04005	9%	24	24	2011	2026 or 2027	2041 or 2042
Campbell Creek 1 Andrea Ln, Boothbay Harbor 04538	n/a	36	36	2012	2026 or 2027	2041 or 2042
Oak Leaf 2 24 S St, Freeport 04032	9%	25	25	2011	2026 or 2027	2041 or 2042
Park Street School (Kennebunk) 14 Park St, Kennebunk 04043	9%	30	30	2010	2026 or 2027	2041 or 2042
Healy Terrace 81 Ash St, Lewiston 04240	9%	32	32	2010	2026 or 2027	2041 or 2042
The Lofts At Bates Mill 36 Chestnut St, Lewiston 04240	9%	48	33	2011	2026 or 2027	2041 or 2042
Oak Street Lofts 72 Oak St, Portland 04101	4%	37	37	2010	2026 or 2027	2041 or 2042
Pearl Place Phase II 184 Pearl St, Portland 04101	9%	54	54	2011	2026 or 2027	2041 or 2042
Cascade Brook (Saco) 21 Dawn Marie Dr, Saco 04072	9%	30	30	2010	2026 or 2027	2041 or 2042

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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, 2025, 2027, 2028, 2029, 2030, 2031, 2032.