Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2016
Property Tax Annotations
880.0000 WELFARE EXEMPTION
(a) IN GENERAL
880.0156 Low Income Housing Credits. A limited partnership (operator) that operates a low-income housing property owned by another limited partnership can qualify for a supplemental clearance certificate even though it does not receive low-income housing tax credits or government financing for the property, as long as the property itself receives government financing or low-income housing tax credits and is subject to a regulatory agreement as required by Property Tax Rule 140(b)(1)(A). C 4/20/2009.