The Welfare Exemption is available for real and personal property owned and used exclusively by non-profit organizations formed for religious, scientific, hospital or charitable purposes.
California provides a $7,000 reduction in the taxable value of a qualifying owner-occupied home. The home must have been the principal place of residence of the owner on January 1. To claim the exemption, the homeowner must make a one-time filing with the county assessor where the property is located. First-time filers may file any time after the property or claimant becomes eligible, but no later than February 15 to receive the full exemption for that year.
California law provides an exemption for low-income rental housing property that is leased for a term of 35 years or more, where the lessor does not otherwise qualify for a Welfare Exemption.
The Lessor's Exemption is available on certain types of leased property when the exemption of property taxes benefits the lessee institution in the form of rental reduction or a refund.
Low-income rental housing owned and operated by an Indian tribe or a housing entity designated by a tribe meeting specific requirements may be eligible for exemption.
