HB 1745 - DIGEST |
Authorizes a city or county governing authority to adopt a property tax exemption program to preserve affordable housing within the city, or unincorporated areas within the county, that meets health and quality standards for low-income and very low-income households at risk of displacement or that cannot afford market rate housing. |
Requires a property tax exemption program to establish qualifying standards for low-income and very low-income household rental housing under this act. |