Placed in service 2015
Michigan tax credit properties at Year 15 in 2029
HUD's database lists 37 Michigan properties placed in service in 2015, with 3,068 apartments (2,933 low-income). If the credit period started that year, the 15-year compliance periods end around 2029, and extended use runs to at least 2044 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Lincolnshire Townhomes (Albion) 900-912 Boyd Drive, Albion 49224 | 4% | 81 | 80 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Bridgeport Apartments 510 Colonial Drive, Allegan 49010 | 4% and 9% | 49 | 49 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Maple Tower 727 Miller, Ann Arbor 48103 | 4% and 9% | 135 | 135 | 2013 | 2029 or 2030 | 2044 or 2045 |
| River Run 106 Packard, Ann Arbor 48104 | 4% and 9% | 116 | 116 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Riverside Manor Apartments 544 N. Main Street, Au Gres 48703 | 4% and 9% | 32 | 32 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Maplewood Manor (Bay City) 1200 N. Madison Avenue, Bay City 48708 | 4% and 9% | 158 | 158 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Columbia Court Apartments 275 West Columbia Avenue, Belleville 48111 | 4% and 9% | 108 | 107 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Main Street Apartments 9038 North Main Street, Berrien Springs 49103 | 4% and 9% | 24 | 24 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Canton Place Apartments 44505 Ford Road, Canton Twp 48187 | 4% and 9% | 118 | 117 | 2015 | 2029 or 2030 | 2044 or 2045 |
| Bicentennial Tower 4 E Alexandrine, Detroit 48201 | 4% and 9% | 300 | 293 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Cass Plaza Apartments 3550 Cass Avenue, Detroit 48201 | 4% | 47 | 47 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Gardenview Estates Phase IV 16631-16649 Gardenview Circle, Detroit 48228 | 9% | 47 | 37 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Jennings Senior Living 7815 East Jefferson, Detroit 48214 | 9% | 46 | 46 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Joy West Manor 16301 Joy Road, Detroit 48228 | 4% and 9% | 78 | 78 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Mckinstry Place Infill Sites Near 1920 25th St, Detroit 48216 | 9% | 25 | 25 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Mckinstry Place 1920 25th St, Detroit 48216 | 9% | 25 | 25 | 2014 | 2029 or 2030 | 2044 or 2045 |
| The Gateway, Fremont Senior 204 E. Main St., Fremont 49412 | 4% and 9% | 38 | 32 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Sheldon Place III 950 W. Sheldon Street, Gaylord 49735 | 9% | 32 | 28 | 2014 | 2029 or 2030 | 2044 or 2045 |
| 345 State Street Apartments 345 State Street SE, Grand Rapids 49503 | 9% | 34 | 28 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Creston Plaza - Phase I 1014 Clancy Avenue NE, Grand Rapids 49503 | 9% | 50 | 50 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Creston Plaza - Phase II 1014 Clancy Avenue NE, Grand Rapids 49503 | 9% | 50 | 50 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Klingman Lofts Phase I 400 Ionia Ave., Grand Rapids 49503 | 9% | 41 | 41 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Klingman Lofts Phase II 400 Ionia Ave., Grand Rapids 49503 | 9% | 42 | 42 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Pleasant Prospect Homes III Tbd, Grand Rapids 49506 | 4% and 9% | 90 | 90 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Falcon Woods 12049 Falcon Lane, Holland 49423 | 4% and 9% | 144 | 144 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Meadow Lanes 297 Meadow Lane Drive, Holland 49423 | 4% | 118 | 118 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Hiawatha Apartments 650 Selden Road, Iron River 49935 | 4% and 9% | 32 | 32 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Phelps Square 700 E. North Street, Ishpeming 49849 | 4% and 9% | 24 | 24 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Capitol Senior 500 Pine St, Lansing 48933 | 4% | 200 | 200 | 2017 | 2029 or 2030 | 2044 or 2045 |
| Teitel Apartments 15000 W. Ten Mile Road, Oak Park 48237 | 4% and 9% | 150 | 148 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Village Manor Apartments 3145 Electric Avenue, Port Huron 48060 | 4% and 9% | 123 | 123 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Village Of Redford, Redford Cottages 25340 West Six Mile Road, Redford Twp 48240 | 4% and 9% | 81 | 46 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Houghton Creek 519 E Main, Rose City 48654 | 4% and 9% | 16 | 16 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Edgewater Place 214 River Drive, Three Rivers 49093 | 4% | 80 | 78 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Bay Hill 600 Bay Hill Drive, Traverse City 49684 | 4% | 150 | 90 | 2017 | 2029 or 2030 | 2044 or 2045 |
| Brookside Commons North Long Lake Road, Traverse City 49685 | 9% | 72 | 72 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Woda Boardman Lake 2790 Boardman Lake Drive, Traverse City 49684 | 4% and 9% | 112 | 112 | 2013 | 2029 or 2030 | 2044 or 2045 |
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, 2026, 2027, 2028, 2030, 2031, 2032.