Placed in service 2016
Minnesota tax credit properties at Year 15 in 2030
HUD's database lists 39 Minnesota properties placed in service in 2016, with 3,579 apartments (3,376 low-income). If the credit period started that year, the 15-year compliance periods end around 2030, and extended use runs to at least 2045 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Carver Crossing 1593 Hartwell Dr, Carver 55315 | 9% | 68 | 68 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Parkview Villa 965 40th Ave NE, Columbia Heights 55421 | 4% | 146 | 142 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Crossroads Of Edina (Fka Oak Glen Of Edina) 5500 Oak Glen Rd, Edina 55439 | 4% | 64 | 26 | 2016 | 2030 or 2031 | 2045 or 2046 |
| Forest Oak Apartments II 19838 Forest Road North, Forest Lake 55025 | 9% | 36 | 36 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Eagle Ridge Townhomes (Fka Street E Th) 100 Walker Ln, Jackson 56143 | n/a | 42 | 27 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Keystone Crossing Townhomes Multiple Building Addresses, Lakeville 55044 | 9% | 36 | 36 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Piccadilly Square 70 Mahtomedi Avenue, Mahtomedi 55115 | 4% | 79 | 79 | 2015 | 2030 or 2031 | 2045 or 2046 |
| The Villages At Frost-english 1265 Frost Ave E, Maplewood 55109 | 9% | 50 | 40 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Medina 541 Clydesdale Cir, Medina 55340 | 9% | 26 | 26 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Anishinabe Bii Gii Wiin 1600 East 19th Street, Minneapolis 55404 | 9% | 77 | 77 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Blue Line Flats 2340 East 32nd Street, Minneapolis 55406 | 4% | 135 | 135 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Broadway Flats 2505 Penn Avenue North, Minneapolis 55411 | 4% | 103 | 103 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Mill City Quarter 322 South Second Street, Minneapolis 55401 | 4% | 150 | 150 | 2015 | 2030 or 2031 | 2045 or 2046 agency reports a 5-year period |
| Plymouth Stevens House 1500 Plymouth Avenue North, Minneapolis 55411 | 4% | 207 | 207 | 2016 | 2030 or 2031 | 2045 or 2046 |
| Seward Towers East And West Apartments 2910 East Franklin Avenue, Minneapolis 55406 | 4% | 640 | 592 | 2016 | 2030 or 2031 | 2045 or 2046 |
| The Cameron 756 North Fourth Street, Minneapolis 55401 | 4% | 44 | 44 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Tonka On The Creek 9731 Minnetonka Boulevard, Minnetonka 55305 | 4% | 100 | 20 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Crossroads Of New Brighton 2287 Palmer Dr, New Brighton 55112 | 4% | 172 | 172 | 2016 | 2030 or 2031 | 2045 or 2046 |
| Century North Apartments 4131 Geneva Avenue North, Oakdale 55128 | 4% | 177 | 177 | 2016 | 2030 or 2031 | 2045 or 2046 |
| Northgate Apartments 131 Rose St, Owatonna 55060 | 9% | 36 | 36 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Sunwood Village 7750 Sunwood Dr NW, Ramsey 55303 | 4% | 47 | 47 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Clare Terrace 3559 France Ave N, Robbinsdale 55422 | 9% | 36 | 36 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Northgate Plaza 902 11th Ave NW, Rochester 55901 | 4% | 151 | 150 | 2016 | 2030 or 2031 | 2045 or 2046 |
| Linden Grove Veteran Apartments 4105 12th Ave N, Saint Cloud 56303 | 9% | 37 | 37 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Woodland Village Th 875 15th Ave SE, Saint Cloud 56301 | 4% | 32 | 32 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Carlson Crossing Townhomes (Fka Cloverdale) 904 Baker St E, Saint Joseph 56374 | 4% and 9% | 36 | 36 | 2015 | 2030 or 2031 | 2045 or 2046 |
| 2700 University Apartments 2700 University Avenue West, Saint Paul 55114 | 4% | 50 | 50 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Cambric 720 East 7th Street, Saint Paul 55106 | 4% | 113 | 113 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Hamline Station West 1309 University Avenue West, Saint Paul 55104 | 4% | 57 | 57 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Prior Crossing 1949 University Ave W, Saint Paul 55104 | 4% | 44 | 44 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Western U Plaza (Fka Old Home Plaza) 470 Western Ave, Saint Paul 55103 | 9% | 60 | 59 | 2013 | 2030 or 2031 | 2045 or 2046 |
| Maplewood Apartments 1320 N 5th Street, Saint Peter 56082 | n/a | 30 | 26 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Vista View Townhomes 1800 Vista View Dr, Saint Peter 56082 | 4% | 32 | 31 | 2015 | 2030 or 2031 | 2045 or 2046 |
| The Meadowlands Aka Crossroads Of Shoreview 3912-22 Gramsie Ct, Shoreview 55126 | 4% | 44 | 44 | 2016 | 2030 or 2031 | 2045 or 2046 |
| Green Twig Villas 13865 Upper 58th Street North, Stillwater 55082 | 4% | 62 | 62 | 2015 | 2030 or 2031 | 2045 or 2046 |
| River Pointe Townhomes Multiple Building Addresses, Thief River Falls 56701 | 9% | 24 | 23 | 2014 | 2030 or 2031 | 2045 or 2046 |
| The Sanctuary At West Saint Paul 1746 Oakdale Avenue, West Saint Paul 55118 | 4% | 164 | 164 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Morningside Terrace / Bluff View Flats 1116 Sugar Loaf Rd, Winona 55987 | 4% and 9% | 54 | 54 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Winhaven Apartments 104 Main St, Winona 55987 | 4% | 118 | 118 | 2016 | 2030 or 2031 | 2045 or 2046 |
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, 2029, 2031, 2032.