Year Fifteen
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Placed in service 2011

Minnesota tax credit properties at Year 15 in 2025

HUD's database lists 29 Minnesota properties placed in service in 2011, with 2,831 apartments (2,699 low-income). If the credit period started that year, the 15-year compliance periods ended around 2025, and extended use runs to at least 2040 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
Albertville Meadows
10740 County Rd 37, Albertville 55301		n/a757420102025 or 20262040 or 2041
Woodland Park Apartments
2610-2618 Cutter Grove, Anoka 55303		4%909020112025 or 20262040 or 2041
Quarry View Townhomes
Multiple Building Addresses, Apple Valley 55124		9%454520102025 or 20262040 or 2041
School View Square
Multiple Building Addresses, Big Lake 55309		TCEP only505020092025 or 20262040 or 2041
Northgate Woods
Multiple Building Addresses, Blaine 55449		TCEP only757520102025 or 20262040 or 2041
Grand View Ledge Townhomes
Multiple Building Addresses, Buffalo 55904		9%242420092025 or 20262040 or 2041
Andrews Pointe
Multiple Building Addresses, Burnsville 55337		4%575720112025 or 20262040 or 2041
Leech Lake Homes VI
Multiple Building Addresses, Cass Lake 56633		9%252520092025 or 20262040 or 2041
Champlin Drive Apartments
Multiple Building Addresses, Champlin 55316		n/a727220102025 or 20262040 or 2041
Tralee Terrace
9900 Redwood St NW, Coon Rapids 55433		4%686820102025 or 20262040 or 2041
Dove Tree Apartments
1105 Lions Park Dr NW, Elk River 55330		9%686820102025 or 20262040 or 2041
Grand Plaza
Multiple Building Addresses, Grand Rapids 55744		9%363520082025 or 20262040 or 2041
White Earth Homes IV
White Earth Reservation, Mahnomen 56671		9%303020102025 or 20262040 or 2041
Buzza Historic Lofts
1006 West Lake Street, Minneapolis 55408		4%13613620112025 or 20262040 or 2041
Clare Midtown
3105 23rd Avenue South, Minneapolis 55407		9%454520102025 or 20262040 or 2041
Nicollet Square
3700 Nicollet Ave S, Minneapolis 55409		TCEP only423820092025 or 20262040 or 2041
Riverside Plaza
1525 South 4th Street, Minneapolis 55454		4%1,3031,20020112025 or 20262040 or 2041
Broadway Square
243 Broadway W, Monticello 55362		4% and 9%282820112025 or 20262040 or 2041
Jefferson Square
Multiple Building Addresses, Northfield 55057		n/a504920092025 or 20262040 or 2041
Cypress Senior Living At Red Oak Preserve
4994 Hamlet Avenue North, Oakdale 55128		4%393920092025 or 20262040 or 2041
Parkview And Parkview II Apartments
Multiple Building Addresses, Park Rapids 56470		4% and 9%303020102025 or 20262040 or 2041
Park Place Townhomes
Multiple Building Addresses, Rosemount 55068		TCEP only363620092025 or 20262040 or 2041
Sienna Green I
Multiple Building Addresses, Roseville 55413		n/a12010220092025 or 20262040 or 2041
Cornerstone Village
40 St Michael Pkwy NE, Saint Michael 55376		9%424120102025 or 20262040 or 2041
Commerce Apartments Phase II
8 East 4th Street, Saint Paul 55101		4% and 9%454520102025 or 20262040 or 2041
Lexington Commons
375 N Lexington Pkwy, Saint Paul 55104		TCEP only484820092025 or 20262040 or 2041
Northern Warehouse
308 Prince Street, Saint Paul 55101		4%525220112025 or 20262040 or 2041
Renaissance Box
200 E 10th Street, Saint Paul 55101		9%707020092025 or 20262040 or 2041
New Castle Townhomes
Multiple Building Addresses, Worthington 56187		9%302720092025 or 20262040 or 2041

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 Minnesota 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 Minnesota: 2023, 2024, 2026, 2027, 2028, 2029, 2030, 2031, 2032.