Pros and Cons of Purchasing an LIHTC Apartment Complex Year 15

[Skyler Southern]

I have come across a LIHTC apartment complex that is just about to complete year 15. What should I look out for or consider when looking further into this deal? I am not very familiar with the LIHTC and believe most of the benefits of the program have already been taken advantage of. I must agree to restrictions until 2034.