Placed in service 2017

Montana tax credit properties at Year 15 in 2031

HUD's database lists 9 Montana properties placed in service in 2017, with 422 apartments (422 low-income). If the credit period started that year, the 15-year compliance periods end around 2031, and extended use runs to at least 2046 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
Big Sky Villas 204 West Jefferson, Belgrade 59714	4% and 9%	24	24	2016	2031 or 2032	2046 or 2047 agency reports a 30-year period
Little Jon Apartments 1150 Grand Avenue, Big Fork 59911	4% and 9%	31	31	2016	2031 or 2032	2046 or 2047 agency reports a 30-year period
Larkspur Commons 1241 North 12th Ave, Bozeman 59715	4%	136	136	2015	2031 or 2032	2046 or 2047 agency reports a 30-year period
River Run Apartments Scattered Site, Great Falls 59405	4% and 9%	96	96	2016	2031 or 2032	2046 or 2047 agency reports a 30-year period
Valley Villas Rehab 410 N 10th Street, Hamilton 59840	4% and 9%	36	36	2016	2031 or 2032	2046 or 2047 agency reports a 30-year period
Antelope Court 2465 5th Avenue, Havre 59501	9%	30	30	2015	2031 or 2032	2046 or 2047 agency reports a 46-year period
California Street 110 South California Street, Missoula 59801	9%	6	6	2017	2031 or 2032	2046 or 2047 agency reports a 20-year period
Polson Landing 402 Ridgewater Dr, Polson 59860	9%	35	35	2017	2031 or 2032	2046 or 2047 agency reports a 30-year period
Northstar Apartments 1225 4th Avenue North, Wolf Point 59201	9%	28	28	2016	2031 or 2032	2046 or 2047 agency reports a 46-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, 2030, 2032.