Property tax exemption for nonprofit housing providers using property for community purposes other than affordable housing.

This bill amends Washington state law to ensure nonprofit housing providers qualify for a property tax exemption when the property is temporarily used for certain community purposes other than affordable housing. The exemption applies to nonprofits that own or lease property for mutual self-help housing programs. The bill outlines conditions for maintaining the exemption, including timely notifications to the Department of Revenue and annual renewal declarations.

Property tax exemption for nonprofit housing providers using property for community purposes other than affordable housing.

This bill amends Washington state law to ensure nonprofit housing providers qualify for a property tax exemption when the property is temporarily used for certain community purposes other than affordable housing. The exemption applies to nonprofits that own or lease property for mutual self-help housing programs. The bill outlines conditions for maintaining the exemption, including timely notifications to the Department of Revenue and annual renewal declarations.