Placed in service 2015

Minnesota tax credit properties at Year 15 in 2029

HUD's database lists 29 Minnesota properties placed in service in 2015, with 2,868 apartments (2,677 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.

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
Highland Commons 101 7th Ave SW, Arlington 55307	4% and 9%	41	41	2014	2029 or 2030	2044 or 2045
Leightons Landing Multiple Building Addresses, Big Lake 55309	4%	32	32	2015	2029 or 2030	2044 or 2045
Cambridge Town Square 345 11th Ave SE, Cambridge 55008	9%	76	76	2015	2029 or 2030	2044 or 2045
Hillside/steve Oneil Apartments 115 W 4th St, Duluth 55806	9%	44	44	2013	2029 or 2030	2044 or 2045
Lincoln Park Apartments 2424 5th St W, Duluth 55806	9%	50	50	2014	2029 or 2030	2044 or 2045
Lakeshore Townhomes Multiple Building Addresses, Eagan 55121	9%	50	50	2014	2029 or 2030	2044 or 2045
Yorktown Continental 7151 York Ave S, Edina 55435	4%	264	264	2014	2029 or 2030	2044 or 2045
Coachman Ridge Apartments 17250 Twin Lake Rd, Elk River 55330	9%	53	52	2014	2029 or 2030	2044 or 2045
Pine Ridge Apartments 620 River Rd, Grand Rapids 55744	4% and 9%	100	100	2015	2029 or 2030	2044 or 2045
Gus Johnson Plaza 413 4th St N, Mankato 56001	4%	108	108	2014	2029 or 2030	2044 or 2045
Maple Knoll Townhomes 1880-1926 Mesabi Ave, Maplewood 55109	4% and 9%	57	57	2014	2029 or 2030	2044 or 2045
Commons At Penn 2205 Golden Valley Road, Minneapolis 55411	4%	47	46	2014	2029 or 2030	2044 or 2045
Ebenezer Tower Apartments 2523 Portland Avenue South, Minneapolis 55404	4% and 9%	192	192	2014	2029 or 2030	2044 or 2045 agency reports a 15-year period
Five15 On The Park 515 15th Avenue South, Minneapolis 55454	4%	259	130	2014	2029 or 2030	2044 or 2045
Greenway Heights Family Housing 2845 Bloomington Avenue South, Minneapolis 55407	4%	42	42	2014	2029 or 2030	2044 or 2045
Minneapolis Portfolio Preservation (Mp3) Multiple Addresses, Minneapolis 55404	4%	582	582	2015	2029 or 2030	2044 or 2045
Ppl Decc 1825 Elliot Avenue South, Minneapolis 55404	4% and 9%	51	51	2014	2029 or 2030	2044 or 2045
South Quarter IV 1928 Portland Avenue South, Minneapolis 55404	9%	120	67	2013	2029 or 2030	2044 or 2045 agency reports a 15-year period
Upper Post Veterans Community 210 Bloomngton Rd, Minneapolis 55111	4%	58	58	2014	2029 or 2030	2044 or 2045
Compass Pointe 6113 W Broadway, New Hope 55428	9%	68	68	2014	2029 or 2030	2044 or 2045
Red Lake Homes XII 24095 West Bot Dr, Red Lake 56676	4% and 9%	40	40	2014	2029 or 2030	2044 or 2045
Ashland Place 1990 Ashland Dr NW, Rochester 55901	9%	49	49	2015	2029 or 2030	2044 or 2045
Legends At Silver Lake Village 2500 38th Avenue Ne., Saint Anthony 55421	4%	169	169	2013	2029 or 2030	2044 or 2045
Cathedral Hill Homes Multiple Building Addresses, Saint Paul 55102	4%	60	60	2015	2029 or 2030	2044 or 2045
Hamline Station East 1305 University Avenue West, Saint Paul 55104	9%	51	51	2014	2029 or 2030	2044 or 2045
Lonnie Adkins Court Apartments 425 St Anthony Avenue, Saint Paul 55103	4%	79	79	2015	2029 or 2030	2044 or 2045
Greenwood Terrace 2001 Greenwood St E, Thief River Falls 56701	4% and 9%	26	25	2014	2029 or 2030	2044 or 2045
Northland Apartments 606 - 610 Grant St SE, Warroad 56463	4% and 9%	22	22	2014	2029 or 2030	2044 or 2045
Highland Apartments 115 Becker Ave SE, Willmar 56201	4% and 9%	78	72	2014	2029 or 2030	2044 or 2045

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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, 2028, 2030, 2031, 2032.