N.H. Admin. Code § Rev 424.02

Current through Register No. 1, January 2, 2025

Section Rev 424.02 - Criteria

To qualify for the nonprofit housing projects property tax exemption provided under RSA 72:23-k, a facility shall:

(a) Be actively used and occupied as a charitable, nonprofit community housing facility or community health care facility;

(b) Be situated within New Hampshire; and

(c) Meet at least one of the following:

(1) Be owned or sponsored by nonprofit, charitable corporations or organizations, located within or outside New Hampshire; or

(2) Be directly related to projects organized, operated, or assisted under state law or pursuant to rules issued by:

a. The United States Department of Housing and Urban Development;

b. The United States Department of Health and Human Services; or

c. Both.

N.H. Admin. Code § Rev 424.02

Derived From Volume XXXVI Number 45, Filed November 10, 2016, Proposed by #12027, Effective 10/28/2016, Expires 10/28/2026; renumbered by #12925 (formerly Rev 423.02 )