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Deschutes County approves 20‑year property tax exemption renewal for Mountain Laurel Lodge
Summary
The Deschutes County Board approved a 20‑year renewal of the qualified rental housing property tax exemption for Mountain Laurel Lodge, a 54‑unit senior affordable housing complex in Bend. County staff said the first‑year county revenue impact is about $7,083; proponents said the exemption keeps rents affordable for very low‑income seniors.
The Deschutes County Board of County Commissioners voted to approve a 20‑year renewal of a qualified rental housing property tax exemption for Mountain Laurel Lodge, a 54‑unit, deed‑restricted senior housing project in Bend.
Carrie Bell, housing production and incentives coordinator for the City of Bend, told the board the exemption is authorized by state statute and requires that savings be passed dollar‑for‑dollar to residents as rent reductions. She said the combined tax exemption impact across all taxing districts is estimated at just under $2 million over 20 years; the county’s initial first‑year share…
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