OAR 150-307-0530: Certification of Nonprofit Corporation Low Income Housing Exemption to County Assessor

If the governing body determines under ORS 307.547 that property qualifies for exemption from taxation, the governing body must certify the exemption to the county assessor: (1) On or before April 1 preceding the tax year for which exemption is granted, or (2) If after April 1, within one week of the governing body determining the property qualifies for exemption.