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Committee hears support for extending nonprofit low‑income rental property tax exemption
2239096 · February 4, 2025
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Summary
House Bill 2,077 would extend the property tax exemption for nonprofit low‑income rental housing; LRO summarized eligibility and program usage and Tax Fairness Oregon voiced support.
Chair Nathanson opened the public hearing on House Bill 2,077, which would extend the sunset for the property tax exemption available for nonprofit low‑income rental housing from June 30, 2027 to June 30, 2033. LRO presented the exemption’s policy purpose, eligibility criteria and program usage data.
LRO said the policy purpose—while not spelled out in statute—has been to…
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