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State Land Use Enacted Legislation
| Bill # | State | Year | Party | Topic |
|---|---|---|---|---|
SB 5143 |
WA | 2018 | D | Affordable housing incentives and financing |
Provided by Furman
Summary
- Expands the property tax exemption for nonprofit land held for the purpose of developing low-income housing to include single-family dwelling units where the land is leased for life or 99 years.
- Applies exemption to taxes levied for collection in 2019 and thereafter and expires on January 1, 2038
Provided by lawmakers
Bill Title
property tax exemption for real property owned by a nonprofit entity for the purpose of developing or redeveloping one or more residences on the real property to be sold to low-income households
Related resources
Enacted Legislation Related Posts
Research and analysis from the Furman Center on this and related housing policy topics.
