Year Fifteen
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Placed in service 2011

Puerto Rico tax credit properties at Year 15 in 2025

HUD's database lists 10 Puerto Rico properties placed in service in 2011, with 1,321 apartments (1,321 low-income). If the credit period started that year, the 15-year compliance periods ended around 2025, and extended use runs to at least 2040 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.
PropertyCreditUnitsLow-incomeAllocatedCompliance endsExtended use at least to
Aguada Elderly Apts
Pr 441 Km 0 9 Interior, Aguada 		TCEP only3636n/a2025 or 20262040 or 2041
Golden Living Barceloneta
Pr 684 Interior, Barceloneta 		9%919120092025 or 20262040 or 2041
Panorama Gold Apts
11 Calle Panorama, Bayamon 00957		4% and 9%16816820092025 or 20262040 or 2041
Golden Living Cidra
Pr 173 Km 1 4, Cidra 		9%12012020092025 or 20262040 or 2041
Pedro Rosario Nieves Public Housing 1
987 Cabazas Rd, Fajardo 		4% and 9%15215220112025 or 20262040 or 2041
Egida De La Florida
73 Calle Munoz Rivera, Florida 00650		TCEP only727220092025 or 20262040 or 2041
Las Piedras Elderly Plaza
Street 1 Lots 3 & 4, Las Piedras 		TCEP only12312320092025 or 20262040 or 2041
Aristides Chavier Public Housing 1
Eduardo Ruperte St, Ponce 		4% and 9%36036020112025 or 20262040 or 2041
Santa Rita Apts
112 Ave Universidad, San Juan 00925		TCEP only12612620092025 or 20262040 or 2041
Urbana I & II Elderly Apts
A24 Calle Francisco Sein, San Juan 00917		TCEP only737320092025 or 20262040 or 2041

Watch one of these properties

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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 Puerto Rico: 2023, 2024, 2026, 2027, 2028, 2029, 2030, 2031, 2032.