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File #: 0104X-2021    Version: 1
Type: Ceremonial Resolution Status: Passed
File created: 6/11/2021 In control: Favor
On agenda: 6/14/2021 Final action: 6/18/2021
Title: To Join the Ohio Housing Council in Opposition to State Budget Amendments Against Affordable Housing
Sponsors: Shayla Favor, Elizabeth Brown, Mitchell Brown, Rob Dorans, Emmanuel V. Remy, Priscilla Tyson, Shannon G. Hardin

To Join the Ohio Housing Council in Opposition to State Budget Amendments Against Affordable Housing


WHEREAS, The past year has illustrated how critical housing security is for all Ohioans. Unfortunately, an amendment included in the Senate substitute version of the biennial budget (HB 110) would exacerbate Ohio’s affordable housing shortage by undermining the economic viability of affordable housing developments. This amendment would effectively increase property tax liability on many types of federally assisted housing developments without regard to the fact that these projects generate less rental income, and often cost more to operate, than market-rate housing projects;

WHEREAS, The Ohio Supreme Court has a long history of ruling that property taxes on subsidized housing should be based on the income that is actually received - not market-rate rent that could be theoretically collected if there were no rent restrictions in place;

WHEREAS, This proposal, which is similar to legislation introduced in the 133rd General Assembly (SB 36), would warp Ohio’s property tax valuation system in an inequitable manner, and apply that inequitable method against only one type of property - properties that are designed to house our poorest citizens;

WHEREAS, The Senate Ways & Means Chairman asked interested parties to collaborate on a solution that would ensure federally assisted housing could remain viable, while satisfying county auditors’ need for the time and information necessary to accurately assess these properties. A working group has made significant progress toward developing a proposal and has started implementing a pilot program that gives county auditors a clear method for valuing affordable housing properties. This controversial budget amendment has not been fully vetted in the Senate, and not at all in the House; enacting it now would preempt the working group’s consensus solution;

WHEREAS, Maintaining property taxes at fair and reasonable ...

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