Placed in service 2016

New Jersey tax credit properties at Year 15 in 2030

HUD's database lists 43 New Jersey properties placed in service in 2016, with 4,799 apartments (4,606 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
Clayton Mill Run 701-705 S. New Road, Absecon 08201	n/a	72	71	n/a	2030 or 2031	2045 or 2046
Atlantic City Hope VI 900 Mediterranean Avenue, Atlantic City 08401	n/a	90	90	n/a	2030 or 2031	2045 or 2046
Carver Hall Apartments 512 North South Carolina Ave, 501 North Tennessee Ave, 420 North South Carolina Avenue, Atlantic City 08401	n/a	252	252	n/a	2030 or 2031	2045 or 2046
Cornerstone At Barnegat 9 S Main St, Barnegat 08005	4%	70	70	n/a	2030 or 2031	2045 or 2046
Franklin Manor 608 Mill St., And 121 Franklin Ave., Belleville 07109	n/a	85	85	n/a	2030 or 2031	2045 or 2046
Bordentown Senior Apts 1 Spring Street, Bordentown 08505	n/a	48	48	2013	2030 or 2031	2045 or 2046
Union Eagle Senior Apartments 1 Spring St, Bordentown 08505	9%	48	48	2015	2030 or 2031	2045 or 2046
Walter G. Alexander III 105 Wilson Place, City Of Orange 07050	9%	41	41	n/a	2030 or 2031	2045 or 2046
The Pavilion 220 Prospect St, East Orange 07017	4%	298	298	n/a	2030 or 2031	2045 or 2046
The Pavillion 220 Prospect Street, East Orange 07017	n/a	298	298	n/a	2030 or 2031	2045 or 2046
Winterburn Gardens 15 Winterburn Place, Edgewater 07020	n/a	21	21	2013	2030 or 2031	2045 or 2046
A. Harry Moore IV 320 Duncan Avenue, Jersey City 07306	n/a	70	58	n/a	2030 or 2031	2045 or 2046
Catherine Todd Senior Living Center 561 Montgomery Street, Jersey City 07302	n/a	67	67	2013	2030 or 2031	2045 or 2046
Glennview Townhouses II 463 - 471 Pacific Avenue, 511 Grand Street, 296 Woodward Street, Jersey City 07304	n/a	64	51	n/a	2030 or 2031	2045 or 2046
Lexington Manor 11,15,16,20,21 And 22 Lexington Avenue, Jersey City 07304	n/a	152	144	n/a	2030 or 2031	2045 or 2046
Chambers Crescent 100 Crescent Court, Lakewood 08701	n/a	62	62	n/a	2030 or 2031	2045 or 2046
Willows At Orchard Road 25 Orchard Road, Montgomery Township 08558	n/a	40	40	n/a	2030 or 2031	2045 or 2046
Sebastian Villa 2305 West Bangs Avenue, Neptune Twp. 07753	n/a	170	170	n/a	2030 or 2031	2045 or 2046
999 Broad Phase I 999 -1005 Broad Street, Newark 07102	n/a	87	47	n/a	2030 or 2031	2045 or 2046
Ncc Manor 545 Orange Street, Newark 07107	4%	327	324	n/a	2030 or 2031	2045 or 2046
New Community Manor 545 Orange St, Newark 07107	n/a	327	323	n/a	2030 or 2031	2045 or 2046
Franklin Street Villa 188 Franklin St, Northvale 07647	9%	30	30	2015	2030 or 2031	2045 or 2046
Franklin Street Villas 187-199 Walnut Street, Northvale 07647	n/a	30	29	n/a	2030 or 2031	2045 or 2046
Heritage Village At Oakhurst 777 W. Park Avenue, Oakhurst 07755	n/a	93	92	n/a	2030 or 2031	2045 or 2046
Galento Plaza Transit Village 32 Lincoln Ave, Orange 07050	n/a	113	61	n/a	2030 or 2031	2045 or 2046
Linc 32 At Orange Station 32 Lincoln Ave, Orange 07050	9%	113	62	2015	2030 or 2031	2045 or 2046
Oakwood Towers 400 Oakwood Avenue, Orange 07050	n/a	237	236	n/a	2030 or 2031	2045 or 2046
Walter G. Alexander Village Phase III 105 Wilson Pl, Orange 07050	n/a	42	41	2014	2030 or 2031	2045 or 2046
Passaic Housing Authority Rad 52 Aspen Pl, Passaic 07055	4%	130	130	n/a	2030 or 2031	2045 or 2046
Passaic Sr. 299 Gregory Avenue, 14-34 Monroe Street, 59-63 Ascension Street, Passaic 07055	n/a	130	130	n/a	2030 or 2031	2045 or 2046
Delaney Homes 601 Chamberland Ave,, Perth Amboy 08861	n/a	70	70	2013	2030 or 2031	2045 or 2046
The Residences At Willow Pond Village 701 Chamberlain Ave, Perth Amboy 08861	9%	70	70	2015	2030 or 2031	2045 or 2046
River Vale Senior 430-436 Cedar Lane, River Vale 07675	n/a	50	49	n/a	2030 or 2031	2045 or 2046
Teaneck Senior Housing 60 Bergen Avenue, Teaneck 07666	n/a	62	61	n/a	2030 or 2031	2045 or 2046
North 25 Housing 260 N Willow St, Trenton 08618	4%	233	232	n/a	2030 or 2031	2045 or 2046
Trent Center East 511-537 Greenwood Avenue, Trenton 08609	n/a	228	228	n/a	2030 or 2031	2045 or 2046
Trent Center West 465 Greenwood Avenue, Trenton 08690	n/a	246	246	n/a	2030 or 2031	2045 or 2046
Melrose Court 35 W. Almond St, 36,40,46 W. Chestnut St, Vineland 08360	n/a	17	17	n/a	2030 or 2031	2045 or 2046
Freedom Village At Westampton 500 Woodlane Road, Westampton 08060	n/a	48	48	n/a	2030 or 2031	2045 or 2046
Freedom Village At Westampton Phase II 500 Woodlane Road, Westampton 08060	n/a	24	24	2015	2030 or 2031	2045 or 2046
Freedom Vlg At Westampton II - Litc #1523 700 Freedom Blvd.,, Westampton 08060	n/a	24	24	2016	2030 or 2031	2045 or 2046
River Vale Senior Residence 430 Cedar Ln, Westwood 07675	4%	50	49	n/a	2030 or 2031	2045 or 2046
Heritage At Whiting 40 Lacey Rd, Whiting 08759	4%	70	69	n/a	2030 or 2031	2045 or 2046

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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, 2027, 2028, 2029, 2031, 2032.