Legislation
SECTION 414
Public housing, publicly assisted housing and limited-profit nursing homes
Real Property Tax (RPT) CHAPTER 50-A, ARTICLE 4, TITLE 1
§ 414. Public housing, publicly assisted housing and limited-profit
nursing homes. Real property owned by a municipal housing authority and
"war demobilization emergency housing" shall be entitled to the
exemption provided in the public housing law. Real property owned by a
limited-profit housing company, a limited dividend housing company or a
housing development fund company shall be entitled to the exemption
provided in the private housing finance law, except as otherwise
provided in section four hundred twenty-two of this chapter. Real
property owned by a limited-profit nursing home company shall be
entitled to the exemption provided in the public health law.
nursing homes. Real property owned by a municipal housing authority and
"war demobilization emergency housing" shall be entitled to the
exemption provided in the public housing law. Real property owned by a
limited-profit housing company, a limited dividend housing company or a
housing development fund company shall be entitled to the exemption
provided in the private housing finance law, except as otherwise
provided in section four hundred twenty-two of this chapter. Real
property owned by a limited-profit nursing home company shall be
entitled to the exemption provided in the public health law.