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Charitable Nonprofit Housing Exemption

Charitable Nonprofit Housing Exemption

P.A. 612 of 2006, as amended

The Charitable Nonprofit Housing Property Exemption, Public Act 612 of 2006, MCL 211.7kk, as amended, was created to exempt certain residential property owned by a charitable nonprofit housing organization from property taxes for a maximum period of five years if the property is intended for ultimate occupancy by low-income persons as a principal residence.