Year Fifteen
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Placed in service 2010

Michigan tax credit properties at Year 15 in 2024

HUD's database lists 29 Michigan properties placed in service in 2010, with 2,398 apartments (2,285 low-income). If the credit period started that year, the 15-year compliance periods ended around 2024, and extended use runs to at least 2039 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
Grandview Estates
156 E Deckerville Rd, Caro 48723		TCEP only484820102024 or 20252039 or 2040
Clare Castle Senior Housing
144 W Fourth St, Clare 48617		9%242420092024 or 20252039 or 2040
Gardenview Estates Phase I
16404 Belton St, Detroit 48228		4%969620112024 or 20252039 or 2040
Lanier Court Apts
3801 Holcomb St, Detroit 48214		4% and 9%262620082024 or 20252039 or 2040
Piquette Square
285 Piquette St, Detroit 48202		4%15015020122024 or 20252039 or 2040
Prince Hall Place
2199 Prince Hall Dr, Detroit 48207		TCEP only15612520102024 or 20252039 or 2040
Springview Manor II
711 W Jefferson St, Evart 49631		TCEP only242420102024 or 20252039 or 2040
Devon Square
1225 Orchard St, Ferndale 48220		4%606020092024 or 20252039 or 2040
Gateway Village
218 Day St, Frankfort 49635		TCEP only363620122024 or 20252039 or 2040
Bridge Street Place
761 Bridge St NW, Grand Rapids 49504		4% and 9%161620082024 or 20252039 or 2040
Goodrich Apts
339 Division Ave S, Grand Rapids 49503		4% and 9%141420092024 or 20252039 or 2040
Gabrielle Apts
14201 Second Ave, Highland Park 48203		TCEP only33633620102024 or 20252039 or 2040
Highland Manor Apts
20 Sears St, Highland Park 48203		9%484820082024 or 20252039 or 2040
Greenbriar Apts
121 S Waverly Rd, Holland 49423		TCEP only12612620112024 or 20252039 or 2040
Waverly Meadows I
755 E 16th St, Holland 49423		TCEP only707020102024 or 20252039 or 2040
Waverly Meadows II
755 E 16th St, Holland 49423		TCEP only481420102024 or 20252039 or 2040
Woodcliff Apts (Ishpeming)
708 W Empire St, Ishpeming 49849		4%242420102024 or 20252039 or 2040
Gladeshire
1837 S Westnedge Ave, Kalamazoo 49008		TCEP only414020112024 or 20252039 or 2040
Greentree
4320 Kalamazoo Ave SE, Kentwood 49508		TCEP only15215220112024 or 20252039 or 2040
Silver Maple Village
691 Dewey St, Lapeer 48446		TCEP only17517520112024 or 20252039 or 2040
Longfellow Tower
301 E Ct St, Ludington 49431		TCEP only14912020112024 or 20252039 or 2040
Quail Meadows
725 Meadow Ln, Muskegon 49442		4% and 9%12012020092024 or 20252039 or 2040
Ginger Square
1200 Penbrook Dr, Owosso 48867		4% and 9%10810820092024 or 20252039 or 2040
Traverse Woods Apts
800 Lafayette Ave, Petoskey 		TCEP only12812820102024 or 20252039 or 2040
Woodside Square Apts
35444 E Alexander St, Romulus 48174		4% and 9%858520092024 or 20252039 or 2040
Woodcreek Apts
1708 Meridian St, Sault Sainte Marie 49783		4% and 9%484820092024 or 20252039 or 2040
Keystone Village Apts
2943 Keystone Rd N, Traverse City 49686		TCEP only242420082024 or 20252039 or 2040
Village View
2805 Beech Tree Ln, Traverse City 49686		TCEP only18n/a20102024 or 20252039 or 2040
Southside Apts II
1845 S First St, West Branch 48661		TCEP only484820102024 or 20252039 or 2040

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 Michigan: 2023, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.