Placed in service 2013

New Jersey tax credit properties at Year 15 in 2027

HUD's database lists 34 New Jersey properties placed in service in 2013, with 2,692 apartments (2,650 low-income). If the credit period started that year, the 15-year compliance periods end around 2027, and extended use runs to at least 2042 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
Asbury Park Gardens 1100 Atlantic Avenue, Asbury Park 07712	n/a	170	170	n/a	2027 or 2028	2042 or 2043
Laurel Oaks - Litc #1105 465 N Main St, Barnegat 08005	n/a	69	69	n/a	2027 or 2028	2042 or 2043
Laurel Oaks Family Apartments 465 N Main St, Barnegat 08005	n/a	69	69	2012	2027 or 2028	2042 or 2043
Laurel Oaks Family Apartments II 465 N Main St, Barnegat 08005	n/a	24	24	2013	2027 or 2028	2042 or 2043
Whispering Hills 345 Hawthorne Lane, Barnegat Township 08005	n/a	52	52	2012	2027 or 2028	2042 or 2043
Valley Brook Village 151 Knollcroft Road, Basking Ridge 07920	n/a	62	61	n/a	2027 or 2028	2042 or 2043
Valley Brook Village #1113 151 Knollcroft Rd, Basking Ridge 07939	n/a	61	61	2013	2027 or 2028	2042 or 2043
Valley Brook Village I 151 Knollcroft Rd, Basking Ridge 07939	n/a	61	61	n/a	2027 or 2028	2042 or 2043
Bayonne Transit 732 Avenue E, Bayonne 07702	n/a	46	39	n/a	2027 or 2028	2042 or 2043
Springside School 1508 Mount Holly Road, Burlington Township 08016	n/a	74	74	2013	2027 or 2028	2042 or 2043
Saddle Brook Court 53 Horsehill Road, Cedar Knolls 07927	n/a	78	78	2012	2027 or 2028	2042 or 2043
Benedict's Place (Cherry Hill Senior Housing) 206 Saint Marys Dr, Cherry Hill 08003	n/a	73	73	n/a	2027 or 2028	2042 or 2043
Hampshire House 129 North Arlington Avenue, East Orange 07017	4%	115	115	n/a	2027 or 2028	2042 or 2043
Oaks At Westminster #1102 410 Irvington Ave, Elizabeth 07208	n/a	60	60	2012	2027 or 2028	2042 or 2043
Birmingham Gardens 4000 Birmingham Ct, Ewing 08628	n/a	47	47	2013	2027 or 2028	2042 or 2043
Hollybush I & II 252 Ruth Avenue, Glassboro 08028	4%	252	227	n/a	2027 or 2028	2042 or 2043
Revere Run 701 Harbor Lane, Gloucester Township 08081	n/a	80	79	2013	2027 or 2028	2042 or 2043
Salem Lafayette Apartments 94 Union St, Jersey City 07304	4%	412	405	2013	2027 or 2028	2042 or 2043
Lawnside Senior Housing #1212 23 Warwick Rd N, Lawnside 08045	n/a	40	40	n/a	2027 or 2028	2042 or 2043
Gregory School Garrett Estates Annex 157 7th Avenue, Long Branch 07740	n/a	64	64	2012	2027 or 2028	2042 or 2043
Gregory School Garrett Estates Anx #1110 157 7th Ave, Long Branch 07740	n/a	64	64	2012	2027 or 2028	2042 or 2043
Woodrow Wilson - Phase I 520 High Street, Long Branch 07740	n/a	64	64	2012	2027 or 2028	2042 or 2043
White Oak Lane At Mantua (Mantua Family Apts) 407 White Oak Lane, Mantua 08051	n/a	72	72	2013	2027 or 2028	2042 or 2043
White Oak Lane At Mantua 407 White Oak Lane, Mantua Township 08051	n/a	72	72	2013	2027 or 2028	2042 or 2043
Montvale Commons Nottingham Court, Montvale 07645	n/a	28	28	2013	2027 or 2028	2042 or 2043
Springfield Village Senior Residences 313 15th Avenue, Newark 07103	n/a	69	69	2012	2027 or 2028	2042 or 2043
Two Osborne Rehabilitation 2 Osborne Ter, Newark 07108	n/a	51	51	n/a	2027 or 2028	2042 or 2043
Broadway Estates 711 Broadway, Newark City 07104	n/a	40	40	2013	2027 or 2028	2042 or 2043
The Plaza At Springfield Village 302-324 Springfield Avenue; 267-271 Bruce Street, Newark City 07103	n/a	50	49	2012	2027 or 2028	2042 or 2043
Two Osborne Terrace 570-580 Clinton Avenue, Newark City 07108	n/a	51	51	n/a	2027 or 2028	2042 or 2043
Independence Crossing 630 Franklin Boulevard, Somerset 08873	n/a	64	64	2013	2027 or 2028	2042 or 2043
Meadowbrook II 1200 Wayside Road, Tinton Falls 07724	n/a	63	63	2011	2027 or 2028	2042 or 2043
Academy Place 125a Olive Street, Trenton 08618	n/a	40	40	2013	2027 or 2028	2042 or 2043
Woodbury Senior #1210 108 S Broad St, Woodbury 08096	n/a	55	55	2013	2027 or 2028	2042 or 2043

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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 New Jersey: 2023, 2024, 2025, 2026, 2028, 2029, 2030, 2031, 2032.