Placed in service 2014

Minnesota tax credit properties at Year 15 in 2028

HUD's database lists 31 Minnesota properties placed in service in 2014, with 2,204 apartments (2,198 low-income). If the credit period started that year, the 15-year compliance periods end around 2028, and extended use runs to at least 2043 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
Northpoint Townhomes (Fka Ripple River Townhomes) 610 Air Park Dr, Aitkin 56431	4% and 9%	32	32	2014	2028 or 2029	2043 or 2044
River Heights Apartments 1000 Minnesota Ave S, Aitkin 56431	4% and 9%	12	12	2012	2028 or 2029	2043 or 2044
Deer Ridge Townhomes Multiple Building Addresses, Alexandria 56308	9%	24	24	2012	2028 or 2029	2043 or 2044
Sprucewood Townhomes Multiple Building Addresses., Baxter 56425	9%	34	33	2013	2028 or 2029	2043 or 2044
New Paris Apartments 1901 Country Side Drive, Benson 56215	9%	40	40	2012	2028 or 2029	2043 or 2044
Pineview Manor 181 Northern Ave NW, Blackduck 56630	4% and 9%	20	19	2013	2028 or 2029	2043 or 2044
Creeks Run Townhomes 421 Yellow Brick Circle, Chaska 55318	n/a	40	40	2013	2028 or 2029	2043 or 2044
The Groves Apartments 7752 Hemingway Avenue South, Cottage Grove 55016	4% and 9%	68	68	2013	2028 or 2029	2043 or 2044
Pinewood Apartments 23313 Cross Dr, Deerwood 56444	4% and 9%	12	12	2012	2028 or 2029	2043 or 2044
Munger Terrace Multiple Building Addresses, Duluth 55806	9%	45	45	2012	2028 or 2029	2043 or 2044
Inver Hills Family Townhomes And Riverview Ridge Family Townhomes Multiple Building Addresses, Eagam 55123	9%	51	51	2013	2028 or 2029	2043 or 2044
Prairiewood Townhomes Multiple Building Addresses, Faribault 55021	9%	30	30	2013	2028 or 2029	2043 or 2044
Eastport Apartments 1400 Pohl Rd, Mankato 56001	n/a	78	78	2013	2028 or 2029	2043 or 2044
Bottineau Ridge Apartments 11875 80th Ave N, Maple Grove 55369	n/a	50	50	2013	2028 or 2029	2043 or 2044
Concordia Arms 2030 Lydia Ave E, Maplewood 55109	4%	125	125	2012	2028 or 2029	2043 or 2044
A-mill Artist Lofts 301 Main Street SE, Minneapolis 55414	4%	251	251	2013	2028 or 2029	2043 or 2044
Lake Street Station 2220 East Lake Street, Minneapolis 55407	4%	64	64	2014	2028 or 2029	2043 or 2044
Seward Square Apartments 2121 9th Street South, Minneapolis 55404	4%	81	80	2013	2028 or 2029	2043 or 2044
Snelling Avenue Apartments 2304 Snelling Avenue, Minneapolis 55404	4%	60	60	2013	2028 or 2029	2043 or 2044
Stone Arch II 520 Second Street SE, Minneapolis 55414	4%	91	91	2012	2028 or 2029	2043 or 2044
The Lonoke 1926 3rd Avenue South, Minneapolis 55404	4% and 9%	19	19	2013	2028 or 2029	2043 or 2044 agency reports a 15-year period
West Broadway Crescent 2000 West Broadway Avenue, Minneapolis 55411	4%	54	54	2013	2028 or 2029	2043 or 2044
Leech Lake VII Multiple Building Addresses, Pike Bay 56633	n/a	25	25	2010	2028 or 2029	2043 or 2044
Rochester Senior Housing 1081 Felty Ave SE, Rochester 55904	4%	40	40	2013	2028 or 2029	2043 or 2044
The Square On 31st (Fka Rochester Sq Apts) 310 31st St NE, Rochester 55906	4% and 9%	104	104	2012	2028 or 2029	2043 or 2044
Lewis Park Apartments 180 Wayzata Street, Saint Paul 55117	4%	103	102	2013	2028 or 2029	2043 or 2044
Maryland Park Apartments 1619 Maryland Avenue, Saint Paul 55106	4%	172	172	2014	2028 or 2029	2043 or 2044
Schmidt Artist Lofts 900 West 7th Street, Saint Paul 55102	4%	260	259	2012	2028 or 2029	2043 or 2044
Park Row Crossing Multiple Building Addresses, Saint Peter 56082	9%	40	39	2013	2028 or 2029	2043 or 2044
White Earth Homes V Multiple Building Addresses. (See Buildings Tab), White Earth Indian Reservation 56569	4% and 9%	35	35	2013	2028 or 2029	2043 or 2044
Somerset, Eagle Ridge, - Waters Edge Apts Multiple Building Addresses. (See Buildings Tab), Willmar 56201	n/a	144	144	2013	2028 or 2029	2043 or 2044

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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, 2026, 2027, 2029, 2030, 2031, 2032.