Property Subject to Taxation

ORS 307.092
Property of housing authority

  • exception


(1)

As used in this section, “property of a housing authority” includes, but is not limited to:

(a)

Property that is held under lease or lease purchase agreement by the housing authority; and

(b)

Property of a partnership, nonprofit corporation or limited liability company for which the housing authority is a general partner, limited partner, director, member, manager or general manager, if the property is leased or rented to persons of lower income for housing purposes.

(2)

 

(a)

The property of a housing authority is declared to be public property used for essential public and governmental purposes and, upon compliance with ORS 307.162 (Claiming exemption), the property and the housing authority are exempt from all taxes and special assessments of the city, the county, the state or any political subdivision of the city, county or state.

(b)

In lieu of taxes or special assessments, the authority may agree to make payments to the city, county or political subdivision for improvements, services and facilities furnished by the city, county or political subdivision for the benefit of a housing project, but in no event may the payments exceed the estimated cost to the city, county or political subdivision of the improvements, services or facilities furnished.

(3)

Notwithstanding subsection (2) of this section, property of a housing authority that is commercial property leased to a taxable entity is not exempt from taxation and special assessments under this section. [Formerly 456.225; 2007 c.606 §4; 2013 c.193 §25]

Notes of Decisions

Vacant property held for future use by partnership of which housing authority is general partner is not property “leased or rented” for housing purposes. Linn-Benton Housing Authority v. Linn County Assessor, 17 OTR 1 (2003)


Source

Last accessed
May 26, 2023