Assessment reviews and appeals, Subsidized housingn
When valuing subsidized housing, highest and best use is the only legally permissible use, as subsidized housing. The assessor must value the entire bundle of rights, which includes use of the income from income tax credits.
"First person: Subsidized housing; An assessor's viewpoint,"
Assessment Journal: Vol. 4:
4, Article 5.
Available at: https://researchexchange.iaao.org/assessment_journal/vol4/iss4/5