Placed in service 2009

Montana tax credit properties at Year 15 in 2023

HUD's database lists 11 Montana properties placed in service in 2009, with 469 apartments (456 low-income). If the credit period started that year, the 15-year compliance periods ended around 2023, and extended use runs to at least 2038 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
Sage Tower 115 North 24th Street, Billings 59101	4% and 9%	81	76	2006	2023 or 2024	2038 or 2039 agency reports a 46-year period
Makoshika Estates 620 Grant St, Glendive · no longer monitored	4%	18	18	2007	2023 or 2024	2038 or 2039
Mountain View III 251 Stonegate Dr, Hamilton 59840	9%	46	46	2008	2023 or 2024	2038 or 2039
Mountain View III - Hamilton 225 Stonegate Dr, Hamilton 59840	4% and 9%	46	46	2008	2023 or 2024	2038 or 2039 agency reports a 61-year period
Eagle Manor II 720 N Washington St, Helena 59601	4% and 9%	44	40	2007	2023 or 2024	2038 or 2039
Eagles Manor II 720 N Washington, Helena 59601	4% and 9%	44	40	2007	2023 or 2024	2038 or 2039 agency reports a 61-year period
Glacier Manor 506 1st Avenue West, Kalispell 59901	4% and 9%	61	61	2008	2023 or 2024	2038 or 2039 agency reports a 55-year period
Spring Creek Apartments 20 Apple Way Dr, Kalispell 59901	4% and 9%	33	33	2008	2023 or 2024	2038 or 2039 agency reports a 65-year period
Treasure State Plaza 600 Liberty Street, Kalispell	4% and 9%	38	38	2008	2023 or 2024	2038 or 2039 agency reports a 55-year period
Equinox Apartments 1515 Liberty Lane, Missoula 59802	4% and 9%	35	35	2009	2023 or 2024	2038 or 2039 agency reports a 46-year period
Fort Peck Housing 1 308 Cir Dr, Poplar 59255	4% and 9%	23	23	2007	2023 or 2024	2038 or 2039

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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 Montana: 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.