Placed in service 2013

Minnesota tax credit properties at Year 15 in 2027

HUD's database lists 25 Minnesota properties placed in service in 2013, with 1,492 apartments (1,364 low-income). If the credit period started that year, the 15-year compliance periods end around 2027, and extended use runs to at least 2042 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.
Property	Credit	Units	Low-income	Allocated	Compliance ends	Extended use at least to
Heritage Townhomes South Fern St - 17th Ave SW, Cambridge 55008	9%	24	24	2013	2027 or 2028	2042 or 2043
Park Manor Estates Multiple Building Addresses, Detroit Lakes 56501	4% and 9%	97	97	2012	2027 or 2028	2042 or 2043
Fire House #1 Redevelopment 101 3rd St E, Duluth 55805	9%	40	40	2011	2027 or 2028	2042 or 2043
Northwood Townhomes Multiple Building Addresses, Eagan 55121	9%	47	47	2012	2027 or 2028	2042 or 2043
Woodland Manor Multiple Building Addresses, Grand Rapids 55744	4% and 9%	24	23	2013	2027 or 2028	2042 or 2043
Sibley Park Apartments 410 Sibley Pkwy, Mankato 56001	9%	60	53	2011	2027 or 2028	2042 or 2043
City Place Lofts 730 Hennepin Avenue, Minneapolis 55403	4%	55	55	2013	2027 or 2028	2042 or 2043
Emanuel Housing 818 South 3rd Street, Minneapolis 55415	9%	101	101	2011	2027 or 2028	2042 or 2043
Jackson Flats 901 18-1/2 Avenue Northeast, Minneapolis 55418	9%	35	35	2012	2027 or 2028	2042 or 2043 agency reports a 15-year period
Longfellow Station 3845 Hiawatha Avenue South, Minneapolis 55406	4%	180	145	2012	2027 or 2028	2042 or 2043
Rising Cedar Apartments 2308 Snelling Avenue, Minneapolis 55404	9%	40	40	2012	2027 or 2028	2042 or 2043
Spirit On Lake 2930 13th Avenue South, Minneapolis 55407	4%	46	46	2012	2027 or 2028	2042 or 2043
Stradford Flats 16-22 East 15th Street, Minneapolis 55403	9%	62	62	2011	2027 or 2028	2042 or 2043
Spring Creek Townhomes Multiple Building Addresses., Northfield 55057	9%	28	28	2012	2027 or 2028	2042 or 2043
The Seasons Multiple Building Addresses, Ramsey 55303	9%	50	49	2013	2027 or 2028	2042 or 2043
Red Lake Falls Apts 209 9th St SW, Red Lake Falls 56750	n/a	16	18	2012	2027 or 2028	2042 or 2043
Lyndale Plaza Apartments 6401 Lyndale Ave S, Richfield 55423	4%	94	19	2013	2027 or 2028	2042 or 2043
Rolling Hills Apartments 1332 Mississippi Street, Saint Paul 55130	4% and 9%	108	108	2013	2027 or 2028	2042 or 2043
St Albans Park 665 Selby Avenue, Saint Paul 55104	4% and 9%	74	74	2012	2027 or 2028	2042 or 2043
St. Philips Gardens Multiple Building Addresses, Saint Paul 55104	4% and 9%	56	56	2011	2027 or 2028	2042 or 2043
North Meadows Multiple Building Addresses, Sauk Rapids 56379	4% and 9%	36	36	2013	2027 or 2028	2042 or 2043
Village Commons Connelly Parkway - West Virginia Court, Savage 55378	9%	66	66	2011	2027 or 2028	2042 or 2043
Cottages Of White Bear Township Multiple Building Addresses, White Bear Lake 55110	4%	60	60	2012	2027 or 2028	2042 or 2043
Views At City Walk 375 Lakeview Drive, Woodbury 55129	9%	45	45	2012	2027 or 2028	2042 or 2043
Nobles Square I - II Apartments 2175 And 2195 Nobles Street, Worthington 55187	4% and 9%	48	37	2012	2027 or 2028	2042 or 2043

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.

Property

Email me when this alert fires. I can unsubscribe in one click. No marketing lists.

Alert emails haven't started on this site yet. Your sign-up is saved, and when sending starts the first email asks you to confirm.

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, 2026, 2028, 2029, 2030, 2031, 2032.