Year Fifteen
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Placed in service 2010

Montana tax credit properties at Year 15 in 2024

HUD's database lists 9 Montana properties placed in service in 2010, with 213 apartments (212 low-income). If the credit period started that year, the 15-year compliance periods ended around 2024, and extended use runs to at least 2039 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.
PropertyCreditUnitsLow-incomeAllocatedCompliance endsExtended use at least to
Test Aod Project3333
1122 Flower Street, Absarokee 		4%121220072024 or 20252039 or 2040
Franklin School Apartments
820 First Avenue SW, Great Falls 59404 · no longer monitored		4% and 9%404020092024 or 20252039 or 2040
Shoulder Blade Complex
822 Cheyenne Ave, Lame Deer 59043		4% and 9%353520082024 or 20252039 or 2040
agency reports a 61-year period
Shoulderblade 1
Po Box 327, Lame Deer 59043		4% and 9%353420082024 or 20252039 or 2040
Ouellette Place
405 St Joseph Dr, Lewistown 59457		4%242420092024 or 20252039 or 2040
agency reports a 46-year period
Garden District
220, 226, 230 S Catlin, Missoula 59801		4% and 9%373720082024 or 20252039 or 2040
agency reports a 46-year period
Castle Mountain
101 1st Ave SE, White Sulphur Spring 59645		4% and 9%101020082024 or 20252039 or 2040
agency reports a 46-year period
Castle Mountain Apartments I,lp Exchange
Po Box 682, White Sulphur Spring 59645		4% and 9%101020092024 or 20252039 or 2040
Castle Mountain Apts 1
101 First Ave SE, White Sulphur Springs 59645		4%101020082024 or 20252039 or 2040

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 Montana property is in the download on the data page.

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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: 2023, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.