Placed in service 2016

Montana tax credit properties at Year 15 in 2030

HUD's database lists 9 Montana properties placed in service in 2016, with 291 apartments (291 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.

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
Chippewa Cree Homes I 75 Laredo Road, Box Elder 59521	4% and 9%	33	33	2014	2030 or 2031	2045 or 2046 agency reports a 45-year period
Stoneridge Apartments 2725 Tschache Lane, Bozeman 59718	4% and 9%	48	48	2015	2030 or 2031	2045 or 2046 agency reports a 46-year period
Cascade Ridge Residences II 3001 15th Avenue South, Great Falls 59405	9%	16	16	2016	2030 or 2031	2045 or 2046 agency reports a 46-year period
Voyageur Apartments 1630 Division Road, Great Falls 59404	9%	38	38	2014	2030 or 2031	2045 or 2046 agency reports a 45-year period
Aodtst2 8823 Umessed Up Ln, Havre	9%	7	7	2015	2030 or 2031	2045 or 2046 agency reports a 30-year period
Gallatin Forks 402 West Main Street, Manhattan 59741	9%	16	16	2015	2030 or 2031	2045 or 2046 agency reports a 46-year period
River Ridge Apartments 2840 Sante Fe Court, Missoula 59808	4% and 9%	70	70	2015	2030 or 2031	2045 or 2046 agency reports a 30-year period
Sweetgrass Commons 1137 Montana Street, Missoula 59801	9%	27	27	2015	2030 or 2031	2045 or 2046 agency reports a 30-year period
Sunset Village 1023 6th St SW, Sidney	4% and 9%	36	36	2014	2030 or 2031	2045 or 2046 agency reports a 30-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, 2025, 2026, 2027, 2028, 2029, 2031, 2032.