Placed in service 2016
North Dakota tax credit properties at Year 15 in 2030
HUD's database lists 8 North Dakota properties placed in service in 2016, with 275 apartments (272 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.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Sierra Court 2821 Ithica Drive, Bismarck 58503 | 4% and 9% | 40 | 39 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Northern Place 3860 12th Ave W, Dickinson 58601 | 4% and 9% | 36 | 35 | 2015 | 2030 or 2031 | 2045 or 2046 |
| North Sky III 4835 28th Ave S, Fargo 58104 | 4% and 9% | 30 | 30 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Jamestown Court Rowhomes 217 4th Ave SE, Jamestown 58401 | 4% and 9% | 24 | 24 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Cook's Court 1810 2nd St SE, Minot 58701 | 4% and 9% | 40 | 40 | 2014 | 2030 or 2031 | 2045 or 2046 |
| Sunset Ridge 3524 Kodiak St NW, Minot 58703 | 4% and 9% | 35 | 35 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Mckenzie Village Apartments 118 Foxhills Parkway N., Watford City 58854 | 4% and 9% | 40 | 39 | 2015 | 2030 or 2031 | 2045 or 2046 |
| Dakota Commons 3865 4th St East, West Fargo 58078 | 4% and 9% | 30 | 30 | 2015 | 2030 or 2031 | 2045 or 2046 |
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, 2026, 2027, 2028, 2029, 2031, 2032.