Placed in service 2012
North Dakota tax credit properties at Year 15 in 2026
HUD's database lists 7 North Dakota properties placed in service in 2012, with 306 apartments (304 low-income). If the credit period started that year, the 15-year compliance periods end this year, and extended use runs to at least 2041 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Sundance Commons 1102 Second St S, Casselton 58012 | n/a | 25 | 25 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Pioneer - Peaceful Haven Apts 1043 Enterprise Ave, Dickinson 58601 | 4% and 9% | 106 | 106 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Crossroads Senior Living Community 1670 E Gateway Cir S, Fargo 58103 | 4% and 9% | 42 | 40 | 2009 | 2026 or 2027 | 2041 or 2042 |
| Aurora 600 First Ave N, Grand Forks 58203 | 4% and 9% | 40 | 40 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Nordic Hills 1010 N Welo St, Tioga 58852 | n/a | 26 | 26 | 2010 | 2026 or 2027 | 2041 or 2042 |
| Preserve Townhomes 3178 Seventh St E, West Fargo 58078 | 4% | 27 | 27 | 2011 | 2026 or 2027 | 2041 or 2042 |
| Nokota Ridge 2205 28th St W, Williston 58801 | 4% | 40 | 40 | 2011 | 2026 or 2027 | 2041 or 2042 |
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 North Dakota: 2023, 2024, 2025, 2027, 2028, 2029, 2030, 2031, 2032.