Polk County, Iowa · Year 15 and Year 30

Year 15 and Year 30 tax credit properties in Polk County, Iowa

71 monitored tax credit properties in Polk County (4,312 low-income units) reach the end of the 15-year compliance period between 2022 and 2034, and 21 (965 low-income units) reach the 30-year federal minimum for extended use. The busiest Year 15 is 2026, with 13. Most are in Des Moines, Altoona, Grimes.

71at Year 15, 2022-2034
21at Year 30, 2022-2034
0Year 15 properties with tax-exempt bonds
0Year 30 properties with a longer term reported to HUD

92 properties.

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Year 15 window compliance period ends 2022 to 2034 (71)

PropertyCityLow-income / total unitsPlaced in serviceCompliance period endsCreditBondsHUD notes
Canterbury Park IIIPleasant Hill72 / 72200820224% and 9%No
Community HomesDes Moines18 / 18200820224% and 9%Nononprofit sponsor
Deer Ridge Apartments VDes Moines72 / 72200820224% and 9%No
Harrington ApartmentsDes Moines35 / 36200820224% and 9%No
Hawthorn HillDes Moines43 / 43200820224% and 9%No
Stockbridge ApartmentsDes Moines42 / 42200820224% and 9%No
The Rose of East Des MoinesDes Moines64 / 64200820224% and 9%No
Canterbury Park Apartments IVPleasant Hill24 / 24200920234% and 9%No
Chapel Ridge West IWest Des Moines72 / 73200920234% and 9%No
Deer Ridge Apartments VIDes Moines40 / 40200920234% and 9%No
Oakview Terrace ApartmentsDes Moines232 / 233200920234% and 9%No
Southview Senior ApartmentsDes Moines40 / 40200920234% and 9%No
Willow Bend Apartments IIDes Moines24 / 24200920234% and 9%No
Chapel Ridge West IIWest Des Moines94 / 9520102024TCEPNo
Homes of Oakridge IDes Moines150 / 150201020249%No
Homes of Oakridge IIDes Moines150 / 150201020244% and 9%No
Martin Luther King Brickstone DevelopmentDes Moines18 / 18201020249%No
Melbourne Apartments Phase IDes Moines84 / 8420102024TCEPNo
Rumely LoftsDes Moines66 / 6620102024TCEPNo
Willow Bend Apartments IDes Moines58 / 5920102024TCEPNo
Cottages at Johnston CommonsJohnston31 / 31201120259%No
Crestview TerraceWest Des Moines55 / 5520112025TCEPNo
East Des Moines RehabDes Moines60 / 60201120259%Nononprofit sponsor
Martin Luther King Brickstone IIDes Moines30 / 30201120259%No
Mitchellville Park ApartmentsMitchellville24 / 24201120254% and 9%Nononprofit sponsor
Riverpoint LoftsDes Moines91 / 91201120254% and 9%No
South View Senior Apartments IIDes Moines40 / 40201120259%No
Woodland West ApartmentsWest Des Moines38 / 48201120259%No
YMCA Supportive HousingDes Moines140 / 14020112025TCEPNononprofit sponsor
Capitol City DuplexesDes Moines16 / 16201220264% and 9%Nononprofit sponsor
Christ the King Senior HousingDes Moines28 / 28201220269%No
Crane Artists LoftsDes Moines30 / 36201220264% and 9%No
CrosswindsDes Moines119 / 120201220264% and 9%No
Fletcher EstatesAnkeny48 / 48201220269%No
Forest & FieldsDes Moines28 / 28201220269%Nononprofit sponsor
Fort Des Moines Senior HousingDes Moines60 / 60201220269%No
Meadow Vista ParksideAltoona59 / 59201220269%No
Meadow Vista Senior VillasAltoona50 / 50201220269%No
Olive Street BrickstoneDes Moines21 / 21201220269%No
ParkwindsDes Moines95 / 96201220264% and 9%No
Prairie WindsDes Moines71 / 72201220264% and 9%No
Southwinds ApartmentsDes Moines58 / 60201220264% and 9%No
Baker Creek Senior Living IDes Moines33 / 33201320279%No
Cornerstone CommonsJohnston55 / 62201320279%No
Des Moines Greystone Homes LPDes Moines26 / 26201320274%No
Meadowlark Place ApartmentsGrimes84 / 84201320279%No
Melbourne Apartments Phase IIDes Moines62 / 62201320279%No
Silver OaksDes Moines39 / 3920132027
The Crest at Baker CreekDes Moines60 / 60201320279%Nononprofit sponsor
Bloomsbury VillageDes Moines30 / 30201420284% and 9%Nononprofit sponsor
Broadway Heights Apartments IDes Moines65 / 65201420289%No
Elsie Mason ManorDes Moines150 / 150201420284%Nononprofit sponsor
Melbourne Apartments IIIDes Moines72 / 72201420289%No
Plymouth PlaceDes Moines106 / 131201420284% and 9%Nononprofit sponsor
Southern Meadows HomesDes Moines38 / 38201420289%No
Hilltop IDes Moines32 / 36201520299%No
Hilltop SeniorDes Moines55 / 62201520299%No
Ligutti TowerDes Moines139 / 139201520294%Nononprofit sponsor
Canterbury HeightsPleasant Hill55 / 62201620309%No
Mlk Crossing Senior ApartmentsDes Moines50 / 56201720319%
Southridge Senior LoftsDes Moines46 / 52201720319%
The Brickstones at RiverbendDes Moines27 / 30201720319%nonprofit sponsor
Corinthian GardensDes Moines75 / 75201820324%nonprofit sponsor
Legacy ParkDes Moines76 / 76201820324% and 9%resyndicated
Legacy ParkDes Moines61 / 61201820324% and 9%resyndicated
Villas at Meadow SpringsAnkeny43 / 48201820329%
Libertad Des MoinesDes Moines40 / 40201920334%
Urban Crossing ApartmentsGrimes30 / 34201920339%
Hilltop IIDes Moines64 / 72202020349%
Latitude LoftsGrimes45 / 50202020349%
Melbourne IV 2018Des Moines64 / 72202020349%

Year 30 window 30-year minimum extended use ends 2022 to 2034 (21)

PropertyCityLow-income / total unitsPlaced in service30-year minimum endsCreditBondsHUD notes
Cloveridge ApartmentsAltoona24 / 2419942023
Delaware Village Apartments IAnkeny76 / 7619942023
Centennial Place IAltoona96 / 96199520249%No
Southridge Senior ResidencesDes Moines56 / 56199520249%No
National Biscuit Co FlatsDes Moines53 / 54199620254% and 9%Nononprofit sponsor
Venbury Trail ApartmentsAltoona96 / 96199820279%Nononprofit sponsor
Oak CrossingGrimes59 / 60199920289%No
Southbrook Green IIIDes Moines36 / 36199920289%No
Deer Ridge Apartments IDes Moines92 / 92200020299%No
Kromer Flats ApartmentsDes Moines8 / 8200120304% and 9%Nononprofit sponsor
Deer Ridge Apartments IIIDes Moines24 / 24200320329%No
Deer Ridge II ApartmentsDes Moines / 2520032032
Hickory Grove ApartmentsDes Moines38 / 3820032032
Lyn Crossing ApartmentsDes Moines45 / 4520032032
Parkside East II ApartmentsDes Moines18 / 1820032032
Woodland Ave Brickstone ApartmentsDes Moines16 / 56200320329%No
Parkside East Apartments IIIDes Moines54 / 54200420339%No
The MeadowsDes Moines48 / 48200420339%No
Vine Street LoftsDes Moines44 / 109200420339%
Parkside East Apartments IVDes Moines30 / 30200520349%
The Rose of Des MoinesDes Moines52 / 52200520349%No

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026), monitored properties placed in service 2008-2020 and 1993-2005. "Compliance period ends" is the placed-in-service year + 14 and "30-year minimum ends" is + 29; both are a year later if the owner deferred the credit period, and HUD reports one year per project. For Year 30 properties HUD reports a longer affordability term for 0 of 21; check the recorded extended use agreement for the rest.

Using this list

Properties past Year 15 have no recapture exposure left, so investor exits, general partner buyouts, rights of first refusal and resyndications with 4% credits cluster here. The rent and income restrictions stay in place for the extended use period. Estimate a qualified contract price with the qualified contract tool, and read the Year 15 exits guide for the rules. A resyndication can take the 130% basis boost if the site is in one of Polk County's 19 qualified census tracts on HUD's 2027 list (check an address).

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