Year Fifteen
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Placed in service 2012

Minnesota tax credit properties at Year 15 in 2026

HUD's database lists 29 Minnesota properties placed in service in 2012, with 1,884 apartments (1,833 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
Meadows West (Fka Bremerton)
Multiple Building Addresses, Austin 55912		n/a606020112026 or 20272041 or 2042
Westside Manor
205 - 5th St W, Baudette 56623		4% and 9%201920112026 or 20272041 or 2042
The Crossing At Big Lake Station
Multiple Building Addresses, Big Lake 55309		9%333320112026 or 20272041 or 2042
Bridge Run Townhomes
Multiple Building Addresses, Cannon Falls 55009		TCEP only181720102026 or 20272041 or 2042
Gimaajii-mino-bimaadiziyaan
202 2nd St W, Duluth 55802		TCEP only292920102026 or 20272041 or 2042
Harbor Highlands Phase IV
Multiple Building Addresses, Duluth 55805		TCEP only383020092026 or 20272041 or 2042
Twin Ponds II Townhomes
Multiple Building Addresses, Eagan 55123		9%262620112026 or 20272041 or 2042
Breckenridge Townhomes
100 - 134 Breckenridge Path, Eagle Lake 56024		TCEP only181820092026 or 20272041 or 2042
Yorkdale Townhomes
Multiple Building Addresses, Edina 55435		4%908620122026 or 20272041 or 2042
The Depot At Elk River Station
Xxxxx 172nd Ave NW, Elk River 55330		TCEP only535320102026 or 20272041 or 2042
Forest Oak Apartments
19830 Forest Road North, Forest Lake 55025		9%363620102026 or 20272041 or 2042
Dover Hill
2400 Rhode Island Ave N, Golden Valley 55427		TCEP only23422020102026 or 20272041 or 2042
Grand Manor II - III
Multiple Building Addresses, Grand Rapids 55744		9%565520092026 or 20272041 or 2042
Blueberry Hills
Multiple Building Addresses, Menahga 56464		n/a181720122026 or 20272041 or 2042
Gateway Lofts (Fka Broadway Apartments)
2601 Broadway W, Minneapolis 55411		TCEP only464120102026 or 20272041 or 2042
Nicollet Towers
1350 Nicollett Mall, Minneapolis 55403		TCEP only30629520092026 or 20272041 or 2042
The Greenleaf (Fka Lyndale Green)
2743 Lyndale Ave, Minneapolis 55401		4%636320092026 or 20272041 or 2042
West View Estates
15920 County Road 47, Plymouth 55446		9%676720112026 or 20272041 or 2042
Cascade Creek Apartments
421 6th Ave, Rochester 55901		TCEP only404020102026 or 20272041 or 2042
Central Towers
200 1st Ave NW, Rochester 55901		4% and 9%10510220112026 or 20272041 or 2042
Essex Place Apartments
Multiple Building Addresses, Rochester 55901		4%14414420122026 or 20272041 or 2042
Washington Village East
970 11th Ave NW, Rochester 55901		9%474720122026 or 20272041 or 2042
Sienna Green Phase II
2275 Snelling Ave N, Roseville 55113		9%505020102026 or 20272041 or 2042
East Side Commons
868 Bradley Street North, Saint Paul 55130		4% and 9%515120102026 or 20272041 or 2042
Fort Road Flats
2242 West 7th Street, Saint Paul 55116		9%444420112026 or 20272041 or 2042
Burl Oaks Townhomes
Multiple Building Addresses, Sartell 56377		9%383720122026 or 20272041 or 2042
Charter Oak Townhomes
Multiple Building Addresses, Stillwater 55082		9%606020122026 or 20272041 or 2042
Riverside Terrace
225 La Bree Ave S, Thief River Falls 56701		4% and 9%666620122026 or 20272041 or 2042
Westwind Townhomes
Multiple Building Addresses, Willmar 56201		TCEP only282720092026 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 Minnesota: 2023, 2024, 2025, 2027, 2028, 2029, 2030, 2031, 2032.