Filing Requirements for Low Income Housing Properties Involving a Limited Partnership and Associated Claim Forms

Subdivision (g) of Revenue and Taxation Code section 214 provides that the welfare exemption is available to property owned and operated by qualifying organizations and used exclusively for rental housing occupied by lower-income households. Rental housing includes properties owned and operated by limited partnerships in which the managing general partner is an eligible nonprofit corporation or eligible limited liability company meeting all of the requirements of section 214. This type of property is unique in that while it is owned and operated by a limited partnership that is not itself a nonprofit organization, the property may still be eligible for the welfare exemption if the managing general partner is an eligible nonprofit organization or limited liability company with sufficient management authority and duties.

This page provides specific information regarding the roles of the Board and assessor in the administration of the welfare exemption for low-income housing with a managing general partner.

Low-Income Housing Property Tax Rules

• Rule 140, Welfare Exemption Requirements for Low-Income Housing Properties
• Rule 140.1, Requirements for Managing General Partner of Limited Partnership for Welfare Exemption for Low-Income Housing Properties
• Rule 140.2, Requirements for Supplemental Clearance Certificate for Limited Partnership for Welfare Exemption for Low-Income Housing Properties

• Organizational Requirements for Low-Income Housing Properties Involving Limited Partnerships and Supplemental Clearance Certificate for Limited Partnership, Low-Income Housing Property - Welfare Exemption (filed with Board)
• Denial or Revocation of Supplemental Clearance Certificate for Limited Partnership, Low-Income Housing Property - Welfare Exemption
  
• List of Eligible Nonprofit Organizations and Limited Liability Companies (Managing General Partner) referencing qualifying Limited Partnership Properties
• Use Requirements and Welfare Exemption Claim Forms (filed with Assessor)
• Denial of Welfare Exemption