Year Fifteen
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Placed in service 2012

Michigan tax credit properties at Year 15 in 2026

HUD's database lists 41 Michigan properties placed in service in 2012, with 3,310 apartments (3,119 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.
PropertyCreditUnitsLow-incomeAllocatedCompliance endsExtended use at least to
Adrian Village Apts
1542 Village Green Ln, Adrian 49221		4% and 9%11411420122026 or 20272041 or 2042
Crooked River
7222 Milton Rd, Alanson 49706		4% and 9%161620112026 or 20272041 or 2042
Allegan Senior Residence
330 Trowbridge St, Allegan 49010		4% and 9%202020112026 or 20272041 or 2042
Grand Fork Commons
2755 W Knox Rd, Beaverton 48612		4% and 9%242420112026 or 20272041 or 2042
Parkwood Manor I
8800 Parkwood St, Belleville 48111		TCEP only20020020102026 or 20272041 or 2042
Parkwood Manor II
8800 Parkwood St, Belleville 48111		TCEP only10010020102026 or 20272041 or 2042
Cheboygan Shores
328 Duncan Ave, Cheboygan 49721		4% and 9%242420112026 or 20272041 or 2042
Clemens Court/newport I
24062 Trillium Ct, Clinton Township 48036		n/a16016020102026 or 20272041 or 2042
Newport Apts I
24213 Lotus Dr, Clinton Township 48036		4% and 9%16816820102026 or 20272041 or 2042
Chalmers Square
14401 E Jefferson Ave, Detroit 48215		TCEP only37n/a20102026 or 20272041 or 2042
Cornerstone Estates Phase III
2921 Fourth St, Detroit 48201		9%626220102026 or 20272041 or 2042
Emerald Springs 1a
5825 Emerald Springs Cir, Detroit 48212		9%797920102026 or 20272041 or 2042
Emerald Springs 1b
5825 Emerald Springs Cir, Detroit 48212		9%79n/a20102026 or 20272041 or 2042
Gardenview Estates Phase III A
16461 Van Buren, Detroit 48828		9%483820102026 or 20272041 or 2042
Gardenview Estates Phase III A
16520 Van Buren Ave, Detroit 48228		n/a393820102026 or 20272041 or 2042
Gardenview Estates Phase III B
16461 Van Buren St, Detroit 48228		9%463620102026 or 20272041 or 2042
L'vogue Square
225 Merton Rd, Detroit 48203		TCEP only414120082026 or 20272041 or 2042
Medical Center Village- Family
4607 Chrysler Dr, Detroit 48201		4% and 9%19419420102026 or 20272041 or 2042
Nso Bell Housing
882 Oakman Blvd, Detroit 48238		4% and 9%15515520102026 or 20272041 or 2042
Rivertown Assisted Living
3103 Wight St, Detroit 48207		4% and 9%807520102026 or 20272041 or 2042
Deerpath
1290 Deer Path Ln, East Lansing 48823		4% and 9%12612620112026 or 20272041 or 2042
Pineshores Apts
3360 N Linden Rd, Flint 48504		4% and 9%12012020102026 or 20272041 or 2042
River Village
702 Father Dukette Blvd, Flint 48503		4% and 9%34034020112026 or 20272041 or 2042
Livingston Greene
470 N Grand Ave, Fowlerville 48836		4% and 9%323220102026 or 20272041 or 2042
Alpine Haus Apts
504 Random Ln, Gaylord 49735		9%505020112026 or 20272041 or 2042
The Villages At The Pines
1450 S Ferry St, Grand Haven 49417		4%884020142026 or 20272041 or 2042
Reflections Senior
500 Hall St SE, Grand Rapids 49507		4% and 9%606020112026 or 20272041 or 2042
Northwind Place / Hilltop
1004 Douglas Ave, Kalamazoo 49007		4% and 9%16116020102026 or 20272041 or 2042
Rickman House
345 N Burdick St, Kalamazoo 49007		TCEP only494920102026 or 20272041 or 2042
Windjammer Greene
1550 Ctr St, Munising 49862		4% and 9%242420112026 or 20272041 or 2042
Koehler Crossing
1100 N Tenth St, Plainwell 		4% and 9%282820102026 or 20272041 or 2042
Bliss Park Senior Housing
1111 N Harrison St, Saginaw 48602		4%353520142026 or 20272041 or 2042
Northfield Center Apts
5465 Northfield Ct, Saginaw 48601		4% and 9%12012020102026 or 20272041 or 2042
South Saginaw Homes II
3700 Sheridan Rd, Saginaw 48601		9%424220102026 or 20272041 or 2042
Olde Mill
712 N Maple St, Saugatuck 49453		4% and 9%242420112026 or 20272041 or 2042
Wood Creek Manor
1606 Meridian St, Sault Sainte Marie 49783		4% and 9%323220112026 or 20272041 or 2042
Bridgeview Greene
1049 Church St, St Ignace 49781		4% and 9%404020112026 or 20272041 or 2042
Charters Cove
280 Ferry Ln, St Ignace 49781		4% and 9%242420112026 or 20272041 or 2042
Riverside Townhouses (Three Rivers)
1249 Lockport Dr, Three Rivers 49093		4%12612620122026 or 20272041 or 2042
Tc Commons II
1015 Red Dr, Traverse City 49684		9%292920112026 or 20272041 or 2042
Hamilton Crossing Phase II
596 S Hamilton St, Ypsilanti 48197		9%747420102026 or 20272041 or 2042

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, 2024, 2025, 2027, 2028, 2029, 2030, 2031, 2032.