Essex County, Massachusetts · Year 15 and Year 30

Year 15 and Year 30 tax credit properties in Essex County, Massachusetts

36 monitored tax credit properties in Essex County (1,755 low-income units) reach the end of the 15-year compliance period between 2022 and 2034, and 21 (743 low-income units) reach the 30-year federal minimum for extended use. The busiest Year 15 is 2025, with 6. Most are in Lawrence, Haverhill, Salem.

36at 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

57 properties.

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Year 15 window compliance period ends 2022 to 2034 (36)

PropertyCityLow-income / total unitsPlaced in serviceCompliance period endsCreditBondsHUD notes
Blakeley BuildingLawrence46 / 46200820229%
Hamel Mill LoftsHaverhill63 / 30520092023TCEP
Hayes Building Phase IHaverhill33 / 33201020249%nonprofit sponsor
Heritage CommonLawrence126 / 140201020249%
Sacred Heart ApartmentsLawrence44 / 44201020249%
Cabot Street HomesBeverly43 / 43201120259%Nononprofit sponsor
Pond View IIIGloucester34 / 34201120259%Nononprofit sponsor
Powder House VillageIpswich48 / 4820112025TCEPNononprofit sponsor
Saunders SchoolLawrence16 / 16201120259%No
Stevens CornerNorth Andover42 / 42201120259%No
Union CrossingLawrence60 / 60201120259%No
Malden Mills Phase ILawrence72 / 75201220269%No
Holcroft Park Homes Phase IIBeverly / 29201320279%nonprofit sponsor
Jaclen TowerBeverly / 10020132027
Pleasant St ApartmentsBeverly / 33201320279%
St Joseph & Aposs RedevelopmentSalem / 51201320279%
108 Newbury StLawrence18 / 18201420289%Nononprofit sponsor
Conifer Hill Commons IDanvers48 / 48201420289%No
Haverhill VetsHaverhill27 / 27201520299%Nononprofit sponsor
Malden Mills IIBoston18 / 18201520299%No
Malden Mills Phase IILawrence62 / 62201520299%
New HadleyHaverhill44 / 44201520294%No
Winter Street SchoolHaverhill55 / 55201520299%Nononprofit sponsor
Duck MillLawrence73 / 73201620309%nonprofit sponsor
Harbor Place at MerrimackHaverhill50 / 50201620309%nonprofit sponsor
Tenney Place Phase 1Haverhill72 / 72201620309%
Boston Street CrossingSalem26 / 26201820324%
98 Essex StreetHaverhill88 / 88201920339%nonprofit sponsor
Ao FlatsHaverhill88 / 88201920334%nonprofit sponsor
Harbor LafayetteSalem22 / 27201920334%
Residences at SalisburySalisbury42 / 42201920339%
Broadway BuildingMethuen40 / 40202020344%
Gerson BuildingHaverhill44 / 44202020349%nonprofit sponsor
Harbor VillageGloucester30 / 30202020344%
Lighthouses ApartmentsSalem46 / 46202020349%nonprofit sponsor; 50-year affordability reported
TanneryPeabody235 / 284202020344%

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

PropertyCityLow-income / total unitsPlaced in service30-year minimum endsCreditBondsHUD notes
Mission TowersHaverhill / 11719932022No
Cape Ann YMCA Community CenterGloucester / 2419942023No
Lawrence YMCA SROLawrence73 / 7319942023No
Sewell BuildingMarblehead4 / 419942023No
Marland PlaceAndover26 / 129199620254%Yes
Heritage at DanversDanvers16 / 80199720264%Yes
Pequot HighlandsSalem106 / 250199720264% and 9%No
Rockport SchoolRockport31 / 31199720264%No
Harborlight HouseBeverly30 / 35199920284% and 9%Nononprofit sponsor
Leisure TowerLynn180 / 180200020294%Yes
Millfalls ApartmentsMethuen40 / 97200020294%Yes
Lmi Phillips TenneyMethuen12 / 12200220319%Nononprofit sponsor
Orange Wheeler 2Lawrence13 / 13200220319%Nononprofit sponsor
Orange Wheeler 3Lawrence10 / 10200220319%Nononprofit sponsor
Auburn ApartmentsHaverhill30 / 30200320329%No
Reviviendo Family HousingLawrence17 / 17200320324% and 9%Nononprofit sponsor
Conant VillageDanvers18 / 60200420339%Yes
Warren Shepard StreetLynn28 / 28200420339%Nononprofit sponsor
Salem Point RentalSalem61 / 61200520344% and 9%Yes
St Jean Baptiste ApartmentsLynn24 / 24200520349%Yesnonprofit sponsor
YWCA Fina HouseLawrence24 / 24200520349%Yesnonprofit sponsor

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 Essex County's 45 qualified census tracts on HUD's 2027 list (check an address).

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