Year Fifteen
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Placed in service 2009

Massachusetts tax credit properties at Year 15 in 2023

HUD's database lists 20 Massachusetts properties placed in service in 2009, with 1,299 apartments (1,025 low-income). If the credit period started that year, the 15-year compliance periods ended around 2023, and extended use runs to at least 2038 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.
PropertyCreditUnitsLow-incomeAllocatedCompliance endsExtended use at least to
Waverly Woods - Zone 6 Mclean
2 Olmsted Dr, Belmont 02478		9%404020072023 or 20242038 or 2039
Franklin Hill Revitalization Iia
1 Shandon Rd, Boston 02124		9%11411020082023 or 20242038 or 2039
School House Kenilworth & Williams
6 Kenilworth St, Boston 02119		9%383720092023 or 20242038 or 2039
Residences At Canal Bluff
6 Otis Park Dr, Bourne 02532		9%282820072023 or 20242038 or 2039
St Aidans Rental
150 Pleasant St, Brookline 02446		9%202020082023 or 20242038 or 2039
Spencer Green
113 Spencer Ave, Chelsea 02150		9%484820082023 or 20242038 or 2039
Hamel Mill Lofts
109 Essex St, Haverhill 01832		TCEP only3056320082023 or 20242038 or 2039
Residences At Lakeville Station
Lakeville 		9%10010020072023 or 20242038 or 2039
The Fairways At Lebaron Hills
42 Lebaron Blvd, Lakeville 02347		9%565620092023 or 20242038 or 2039
Mashpee Village
1 Wampanoag Dr, Mashpee 02649		TCEP only14513020072023 or 20242038 or 2039
Clark Biscuit Apts
179 Ashland St, North Adams 01247		9%434320082023 or 20242038 or 2039
Village At Hospital Hill Phase II
Musante Dr, Northampton 		9%403220072023 or 20242038 or 2039
New Amsterdam LP
421 N St, Pittsfield 01201		9%676720082023 or 20242038 or 2039
St Polycarp I
460 Mystic Ave, Somerville 02145		9%242420082023 or 20242038 or 2039
West Barnstable Communities
2239 Iyannough Rd, West Barnstable 02668		9%404020082023 or 20242038 or 2039
Prospect Hill Apts
33 Montgomery St, Westfield 01085		9%171720062023 or 20242038 or 2039
Sanford Apts
330 Elm St, Westfield 01085		9%212120072023 or 20242038 or 2039
Fulton School Residences
245 Pond St, Weymouth 02190		9%636320082023 or 20242038 or 2039
9 May Street Apts
9 May St, Worcester 01610		9%464620082023 or 20242038 or 2039
Hadley Building Apts
455 Main St, Worcester 01608		9%444020062023 or 20242038 or 2039

Watch one of these properties

Pick a property and we'll email when it moves closer to Year 15 (inside two years, then inside one) or when HUD's record for it changes in a new release. Every Massachusetts property is in the download on the data page.

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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 Massachusetts: 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.