Michigan Compiled Laws
206-1893-REAL-ESTATE-EXEMPTIONS. - Real Estate Exemptions. (211.7...211.7xx)
Section 211.7kk - Eligible Nonprofit Housing Property; Tax Exemptions; Duration; Definitions.

Sec. 7kk.
(1) Before December 31, 2014, the governing body of a local tax collecting unit may adopt a resolution to exempt from the collection of taxes under this act eligible nonprofit housing property. The clerk of the local tax collecting unit shall notify in writing the assessor of the local tax collecting unit and the legislative body of each taxing unit that levies ad valorem property taxes in the local tax collecting unit. Before acting on the resolution, the governing body of the local tax collecting unit shall afford the assessor and a representative of the affected taxing units an opportunity for a hearing.
(2) The exemption under subsection (1) is effective on the December 31 immediately succeeding the adoption of the resolution by the governing body of the local tax collecting unit or the issuance of a building permit for the eligible nonprofit housing property, whichever is later. The exemption under this section shall continue in effect for 2 years, until the eligible nonprofit housing property is occupied by a low-income person under a lease agreement, or until there is a transfer of ownership of the eligible nonprofit housing property, whichever occurs first. A copy of the resolution shall be filed with the state tax commission.
(3) Beginning December 31, 2014, a charitable nonprofit housing organization that owns eligible nonprofit housing property may apply to the state tax commission for an exemption from the collection of taxes under this act on a form prescribed by the department of treasury. The state tax commission, after consultation with the state treasurer or his or her designee, shall grant or deny the exemption within 60 days of receipt of the application for exemption and shall send written notification of its determination to the local tax collecting unit and to the charitable nonprofit housing organization. An exemption under this subsection is effective beginning December 31 in the year in which the state tax commission approves the exemption.
(4) Subject to subsection (6), for eligible nonprofit housing property that is, when transferred to the charitable nonprofit housing organization, a residential building lot, an exemption under subsection (3) shall continue in effect for the lesser of 5 years or until either of the following occurs:
(a) The eligible nonprofit housing property is occupied by a low-income person under a lease agreement.
(b) The eligible nonprofit housing property is transferred by the charitable nonprofit housing organization.
(5) Subject to subsection (6), for eligible nonprofit housing property that is not a residential building lot, an exemption under subsection (3) shall continue in effect for the lesser of 3 years or until either of the following occurs:
(a) The eligible nonprofit housing property is occupied by a low-income person under a lease agreement.
(b) The eligible nonprofit housing property is transferred by the charitable nonprofit housing organization.
(6) An exemption under subsection (3) shall be reduced by the number of years in which the eligible nonprofit housing property was exempt under subsection (1).
(7) As used in this section:
(a) "Charitable nonprofit housing organization" means a charitable nonprofit organization the primary purpose of which is the construction or renovation of residential housing for conveyance to a low-income person.
(b) "Eligible nonprofit housing property" means a residential building lot, a single family dwelling, a duplex, or a multiunit building with not more than 4 individual units, owned by a charitable nonprofit housing organization, the ownership of which the charitable nonprofit housing organization intends to transfer to a low-income person to be used as that low-income person's principal residence after construction of a single family dwelling, duplex, or multiunit building on the residential building lot is completed or the renovation of the single family dwelling, duplex, or multiunit building is completed.
(c) "Family income" and "statewide median gross income" mean those terms as defined in section 11 of the state housing development authority act of 1966, 1966 PA 346, MCL 125.1411.
(d) "Low-income person" means a person with a family income of not more than 80% of the statewide median gross income who is eligible to participate in the charitable nonprofit housing organization's program based on criteria established by the charitable nonprofit housing organization.
(e) "Principal residence" means property exempt as a principal residence under section 7cc.
(f) "Residential building lot" includes real property on which is located a structure that will be torn down within 1 year of transfer to the charitable nonprofit housing organization.
(g) "Transferred" means a transfer of ownership as defined in section 27a.
History: Add. 2006, Act 612, Imd. Eff. Jan. 3, 2007 ;-- Am. 2014, Act 456, Imd. Eff. Jan. 2, 2015 Popular Name: Act 206

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 211 - Taxation of Real and Personal Property

Act 206 of 1893 - The General Property Tax Act (211.1 - 211.157)

206-1893-REAL-ESTATE-EXEMPTIONS. - Real Estate Exemptions. (211.7...211.7xx)

Section 211.7 - Federal Property.

Section 211.7a - Definitions; Exemption Affidavit; Mailing; Return; Notice of Availability; Failure to Send or Receive Exemption Affidavit; Payment to Local Unit Required to Mail Exemption Affidavits; Reimbursement Claim for Expenses.

Section 211.7b - Exemption of Real Property Used and Owned as Homestead by Disabled Veteran or Individual Described in Subsection (2); Filing and Inspection of Affidavit; Cancellation of Taxes; Local Taxing Unit to Bear Loss; Death of Disabled Vetera...

Section 211.7c - Repealed. 1973, Act 20, Eff. Dec. 31, 1973.

Section 211.7d - Housing Exemption for Elderly or Disabled Families; Definitions.

Section 211.7e - Deciduous and Evergreen Trees, Shrubs, Plants, Bushes, and Vines; Public Right of Way on Surface of Real Property Being Assessed.

Section 211.7f - Repealed. 1973, Act 20, Eff. Dec. 31, 1973.

Section 211.7g - Seawall, Jetty, Groin, Dike, or Other Structure.

Section 211.7h - Definitions; Application for Solar, Wind, or Water Energy Tax Exemption Certificate; Filing; Form; Concurrent Applications; Findings and Approval of Department of Commerce; Issuance and Effective Date of Certificate; Valuation of Cov...

Section 211.7i - “Existing Facility” Defined; Tax Exemption for Increased Value of Existing Facility.

Section 211.7j - Tax Exemption for New or Existing Facility for Which Commercial Housing Facilities Exemption Certificate Issued.

Section 211.7k - Tax Exemption for Facility for Which Industrial Facilities Exemption Certificate Issued.

Section 211.7l - State Property.

Section 211.7m - Property Owned or Being Acquired by County, Township, City, Village, School District, or Political Subdivision; Parks.

Section 211.7n - Nonprofit Theater, Library, Educational, or Scientific Institution; Nonprofit Organization Fostering Development of Literature, Music, Painting, or Sculpture.

Section 211.7o - Nonprofit Charitable Institution; Exemption; Definitions.

Section 211.7p - Memorial Homes or Posts.

Section 211.7q - Boy or Girl Scout or Camp Fire Girls Organization; 4-H Club or Foundation; Young Men's or Young Women's Christian Association; Exemption; Limitation; Waiver of Residence Requirement.

Section 211.7r - Certain Clinics.

Section 211.7s - Houses of Public Worship; Parsonage.

Section 211.7t - Burial Grounds; Rights of Burial; Tombs and Monuments.

Section 211.7u - Principal Residence of Persons in Poverty; Exemption From Taxation; Applicability of Section to Property of Corporation; Eligibility for Exemption; Application; Policy and Guidelines to Be Used by Local Assessing Unit; Duties of Boar...

Section 211.7v - Property of Certain Corporations and Railroads.

Section 211.7w - Property of Agricultural Society Used Primarily for Fair Purposes.

Section 211.7x - Parks; Monument Ground or Armory; Property Leased by Nonprofit Corporation to State.

Section 211.7y - Landing Area; Description of Approach Clear Zones and Transitional Surface Areas in Statement; Standards; Certification.

Section 211.7z - Property Used Primarily for Public School or Other Educational Purposes; Parent Cooperative Preschools.

Section 211.7aa - Exemption of Real Property Leased, Loaned, or Otherwise Made Available to Municipal Water Authority.

Section 211.7bb - Tax Exemption for Nursery Stock Seasonal Protection Unit; Definition.

Section 211.7cc - Principal Residence; Exemption From Tax Levied by Local School District for School Operating Purposes; Procedures; 2020 Deadline Extension; Exception for Temporary Absence Due to Damage or Destruction; Definitions.

Section 211.7dd - Definitions.

Section 211.7ee - Qualified Agricultural Property Exemption From Tax Levied by Local School District for School Operating Purposes; Procedures.

Section 211.7ff - Real and Personal Property Located in Renaissance Zone; Applicability to Eligible Data Center Property; Definitions.

Section 211.7gg - Property Held by Land Bank Fast Track Authority; Exemption From Taxes; “Land Bank Fast Track Authority” Defined.

Section 211.7hh - Qualified Start-Up Business; Exemption From Tax.

Section 211.7ii - Tax Exemption for Property Used by Innovations Center in Certified Technology Park.

Section 211.7jj - Federally-Qualified Health Center; Tax Exemption; Definition.

Section 211.7jj[1] - Qualified Forest Property; Exemption; Limitation; Forest Management Plan; Maintenance and Availability of List of Qualified Foresters; Application; Review of Forest Management Plan, Application, and Supporting Documents by Depart...

Section 211.7kk - Eligible Nonprofit Housing Property; Tax Exemptions; Duration; Definitions.

Section 211.7mm - Charitable Nonprofit Housing Organization; Real and Personal Property Used for Retail Store; Exemption; Definitions.

Section 211.7nn - Supporting Housing Property; Tax Exemption; Rescission; "Supportive Housing Property" Defined.

Section 211.7oo - Low Grade Iron Ore and Low Grade Iron Ore Mining Property; Tax Exemption.

Section 211.7pp - Mineral and Right, Claim, Lease, or Option; Tax Exemption; Shaft, Incline, Adit, or Value of Overburden Stripping at Open Mine; Tax Exemption; "Mineral" and "Open Mine" Defined.

Section 211.7qq - Mineral-Producing Property; Tax Exemption; "Mineral-Producing Property" and "Mineral Severance Tax" Defined.

Section 211.7ss - New Construction on Development Property; Tax Exemption Under MCL 380.1211; Filing of Affidavit; Determination by Assessor; Rescission of Exemption; Failure to File Rescission; Penalty; Appeal; Denial or Modification of Existing Ex...

Section 211.7tt - Real and Personal Property Owned by Eligible Economic Development Group; Tax Exemption; Adoption of Resolution by Local Tax Collecting Unit; Notification to Assessor and Legislative Body; Determination by State Tax Commission; Appro...

Section 211.7uu - Act Inapplicable to Nonprofit Street Railway.

Section 211.7vv - Transitional Qualified Forest Property; Tax Exemption; Property Subject to Tax Under Transitional Qualified Forest Property Specific Tax Act; Definition.

Section 211.7ww - Aquaculture Production Facility or Hydroponics Production Facility; Tax Exemption; Definitions.

Section 211.7xx - Public Bridge Facility Exemption; Definitions.