Puerto Rico — Capital events & subsidy flows by year
Event-dated aggregates from the benchmark-validated series (year-15 counts validated within ~3% of Novogradac; Section 8 stock within 1% of NLIHC). Properties that exited the LIHTC program are excluded from LIHTC waves. National view →
LIHTC year-15 wave
In-program properties only; year 15 is the equity-exit decision point.
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| Year | Low-Income Units | Count |
|---|---|---|
| 2003 | 190 | 2 |
| 2004 | 307 | 4 |
| 2005 | 364 | 4 |
| 2006 | 530 | 8 |
| 2007 | 478 | 7 |
| 2008 | 687 | 11 |
| 2009 | 339 | 10 |
| 2010 | 273 | 5 |
| 2011 | 129 | 4 |
| 2012 | 320 | 6 |
| 2013 | 636 | 11 |
| 2014 | 1,163 | 10 |
| 2015 | 718 | 5 |
| 2016 | 516 | 6 |
| 2017 | 781 | 6 |
| 2018 | 332 | 3 |
| 2019 | 973 | 9 |
| 2020 | 935 | 11 |
| 2021 | 282 | 4 |
| 2022 | 1,239 | 14 |
| 2023 | 1,320 | 18 |
| 2024 | 2,498 | 16 |
| 2025 | 1,321 | 10 |
| 2026 | 1,415 | 11 |
| 2027 | 537 | 5 |
| 2028 | 484 | 5 |
| 2029 | 616 | 7 |
| 2030 | 138 | 1 |
| 2031 | 348 | 4 |
| 2032 | 400 | 3 |
| 2033 | 575 | 5 |
| 2034 | 160 | 2 |
| 2035 | 182 | 2 |
| 2036 | 243 | 3 |
| 2037 | 576 | 4 |
Extended-use endings
Dates use the 30-year federal floor (or filed longer periods) — near-term totals overstate reality until state-reported periods are layered in; the wave shape is directionally sound.
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| Year | Low-Income Units | Count |
|---|---|---|
| 2018 | 190 | 2 |
| 2019 | 307 | 4 |
| 2020 | 364 | 4 |
| 2021 | 530 | 8 |
| 2022 | 478 | 7 |
| 2023 | 687 | 11 |
| 2024 | 339 | 10 |
| 2025 | 273 | 5 |
| 2026 | 129 | 4 |
| 2027 | 320 | 6 |
| 2028 | 636 | 11 |
| 2029 | 1,163 | 10 |
| 2030 | 718 | 5 |
| 2031 | 516 | 6 |
| 2032 | 781 | 6 |
| 2033 | 332 | 3 |
| 2034 | 973 | 9 |
| 2035 | 935 | 11 |
| 2036 | 282 | 4 |
| 2037 | 1,239 | 14 |
| 2038 | 1,320 | 18 |
| 2039 | 2,498 | 16 |
| 2040 | 1,321 | 10 |
| 2041 | 1,415 | 11 |
| 2042 | 537 | 5 |
| 2043 | 484 | 5 |
| 2044 | 616 | 7 |
| 2045 | 138 | 1 |
HAP contract expirations
Active project-based Section 8 family contracts, by full-term expiration year.
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| Year | Assisted Units | Count |
|---|---|---|
| 2026 | 333 | 9 |
| 2027 | 636 | 7 |
| 2028 | 580 | 10 |
| 2029 | 927 | 12 |
| 2030 | 1,462 | 8 |
| 2031 | 1,243 | 12 |
| 2032 | 492 | 6 |
| 2033 | 1,002 | 12 |
| 2034 | 1,706 | 17 |
| 2035 | 1,542 | 19 |
| 2036 | 1,708 | 15 |
| 2037 | 1,134 | 11 |
| 2038 | 1,570 | 14 |
| 2039 | 340 | 4 |
| 2040 | 1,236 | 11 |
| 2041 | 1,128 | 8 |
| 2042 | 794 | 7 |
| 2043 | 603 | 2 |
| 2044 | 950 | 4 |
| 2045 | 961 | 7 |
Published debt maturities
FHA-insured and USDA loans only — conventional, bond, and agency debt is not on public record.
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| Year | Remaining Principal | Count |
|---|---|---|
| 2028 | — | 4 |
| 2029 | — | 2 |
| 2030 | — | 2 |
| 2031 | — | 3 |
| 2032 | — | 1 |
| 2033 | $3.7M | 4 |
| 2034 | — | 4 |
| 2035 | $1.4M | 1 |
| 2036 | — | 1 |
| 2037 | — | 3 |
| 2038 | $964,223 | 3 |
| 2039 | — | 5 |
| 2040 | $2.6M | 7 |
| 2041 | $876,885 | 7 |
| 2042 | — | 7 |
| 2043 | $2.5M | 10 |
| 2044 | $4.7M | 9 |
| 2045 | — | 6 |
HOME/CDBG dollars landed
By IDIS completion year; HOME 5+ unit activities and CDBG activities matched to tracked properties — a floor, not a census.
View as table
| Year | Activity Dollars | Count |
|---|---|---|
| 2006 | $1.6M | 3 |
| 2007 | $1.2M | 5 |
| 2009 | $1.4M | 1 |
| 2010 | $199,000 | 1 |
| 2011 | $1.3M | 2 |
| 2012 | $6.4M | 1 |
| 2013 | $2.7M | 2 |
| 2014 | $16.6M | 4 |
| 2016 | $9.9M | 2 |
| 2018 | $3.4M | 1 |
| 2019 | $4.1M | 3 |
| 2021 | $1.5M | 1 |
| 2022 | $965,812 | 1 |
| 2025 | $440,000 | 1 |
Methodology and reconciliation against published figures: see the glossary. Filter, sort, and drill into properties in the application.