Placed in service 2015
Montana tax credit properties at Year 15 in 2029
HUD's database lists 6 Montana properties placed in service in 2015, with 222 apartments (221 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.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Aodtst1 111 Barber, Bozeman | 4% and 9% | 10 | 10 | 2015 | 2029 or 2030 | 2044 or 2045 |
| Apsaalooke Warrior Apartments 1 Pretty Eagle Ave, Crow Agency 59022 | 9% | 15 | 15 | 2014 | 2029 or 2030 | 2044 or 2045 agency reports a 46-year period |
| Yellowstone Commons 1917a North Merrill Avenue, Glendive 59330 | 9% | 27 | 27 | 2014 | 2029 or 2030 | 2044 or 2045 agency reports a 46-year period |
| Guardian Apartments 520 Logan St, Helena 59601 | 4% and 9% | 118 | 118 | 2015 | 2029 or 2030 | 2044 or 2045 agency reports a 46-year period |
| Cedar View 543 S. 3rd Avenue West, Malta 59538 | 4% and 9% | 32 | 31 | 2014 | 2029 or 2030 | 2044 or 2045 agency reports a 45-year period |
| Fort Peck Sustainable Village 503 6th Ave E, Poplar 59255 | 4% and 9% | 20 | 20 | 2013 | 2029 or 2030 | 2044 or 2045 agency reports a 30-year period |
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, 2025, 2026, 2027, 2028, 2030, 2031, 2032.