Placed in service 2011

Montana tax credit properties at Year 15 in 2025

HUD's database lists 10 Montana properties placed in service in 2011, with 351 apartments (347 low-income). If the credit period started that year, the 15-year compliance periods ended around 2025, and extended use runs to at least 2040 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
Whitetail Run Apartments 335 - 349 Sioux Lane, Billings 59101	9%	32	32	2009	2025 or 2026	2040 or 2041 agency reports a 46-year period
Big Boulder Residences 504 E Third Ave, Boulder 59632	TCEP only	36	32	2009	2025 or 2026	2040 or 2041
Butte Mountain View 202-208 Ohio, 241-245 Curtis, Butte 59700	TCEP only	11	11	2009	2025 or 2026	2040 or 2041
Meadowlands Apartments 4034 Elizabeth Warren, Butte 59701	4%	48	48	2010	2025 or 2026	2040 or 2041 agency reports a 61-year period
Spring Creek Apartments II 20 Apple Way Drive, Kalispell 59901	4% and 9%	33	33	2009	2025 or 2026	2040 or 2041 agency reports a 50-year period
Spring Creek Apts 2 20 Appleway Dr, Kalispell 59901	9%	33	33	2009	2025 or 2026	2040 or 2041
Lolo Vista Apartments 11851 Lolo Vista Dr, Lolo 59847	9%	40	40	2010	2025 or 2026	2040 or 2041 agency reports a 46-year period
Cottage Park Apartments 1115 Mcdonald Avenue, Missoula 59801	4% and 9%	60	60	2010	2025 or 2026	2040 or 2041 agency reports a 65-year period
Solstice 1535 Liberty Lane, Missoula 59801	9%	34	34	2009	2025 or 2026	2040 or 2041 agency reports a 61-year period
Superior Commons 302 2nd Ave E, Superior 59782	9%	24	24	2009	2025 or 2026	2040 or 2041 agency reports a 50-year period

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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, 2024, 2026, 2027, 2028, 2029, 2030, 2031, 2032.