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Assessing the value of low-income housing for property tax purposes : whether and how to consider the value of low-income housing tax credits

Topic: 
TAXES--REAL PROPERTY
Author: 
Owen, Matthew.
Publisher/Date: 
Nashville, Tenn. : TACIR, 2015
Series: 
Report of the Tennessee Advisory Commission on Intergovernmental Relations
Note: 
January 2015
Summary: 
This TACIR report compares methods for valuing properties receiving Low-Income Housing Tax Credits. The Commission's report describes alternatives that would result in relatively uniform annual tax payments that are easier for property owners to budget for, while still recognizing that the credits are an indicator of fair-market-value that are properly considered when valuing LIHTC properties.
Additional Author: 
Chervin, Stan.