Year Fifteen
Menu

Placed in service 2013

South Dakota tax credit properties at Year 15 in 2027

HUD's database lists 6 South Dakota properties placed in service in 2013, with 237 apartments (233 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.
PropertyCreditUnitsLow-incomeAllocatedCompliance endsExtended use at least to
Acadia Creek Townhomes
1737 20th Ave SE, Aberdeen 57401		9%484820132027 or 20282042 or 2043
Prairie View Townhomes
1808 12th St S, Brookings 57006		9%403620132027 or 20282042 or 2043
404 N West Ave
404 N W Ave, Crooks 57020 · no longer monitored		4% and 9%242420122027 or 20282042 or 2043
City Center Apts
620 N Main Ave, Sioux Falls 57104		9%444420132027 or 20282042 or 2043
Rocky Bluff Apts
2437 Clear Spring Rd, Spearfish 57783		9%313120132027 or 20282042 or 2043
Tower Of Watertown
17 First St SW, Watertown 57201		4% and 9%505020122027 or 20282042 or 2043

Watch one of these properties

Pick a property and we'll email when it moves closer to Year 15 (inside two years, then inside one) or when HUD's record for it changes in a new release. Every South Dakota property is in the download on the data page.

Alert emails haven't started on this site yet. Your sign-up is saved, and when sending starts the first email asks you to confirm.

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 South Dakota: 2023, 2024, 2025, 2026, 2028, 2029, 2030, 2031, 2032.