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House extends property-tax exemption for nonprofit low-income rental housing through 2033
Summary
House Bill 20 77 passed unanimously on third reading to extend the property tax exemption for nonprofit low-income rental housing through June 2033, preserving a tool used by local governments to encourage affordable housing development.
The Oregon House passed House Bill 20 77 on April 9 to extend the property tax exemption for nonprofit low-income rental housing through June 2033. Representative Bobby Levy carried the bill and described it as a continuation of an existing local tool to support nonprofit development of affordable rental units.
Sponsor comments: Representative Levy said the exemption “has helped nonprofit organizations provide stable, affordable housing to low income families across Oregon” and emphasized the measure does not create a new program or mandate but extends an existing authority for local governments to encourage housing development.
Outcome: House Bill 20 77 passed on third reading; the clerk declared the bill passed after receiving the constitutional majority. The bill extends the existing exemption period and preserves local flexibility for cities and counties to adopt ordinances or resolutions granting the exemption to qualifying nonprofit properties.
Context: Floor remarks noted the exemption's role in supporting nonprofit housing projects in rural and urban areas and framed the extension as a practical step to continue local partnerships for affordable housing.
