Notestine Manor, Inc. v. Logan Cty. Bd. of Revision (Slip Opinion)

Citations

• 2018 Ohio 2
• 97 N.E.3d 446
• 152 Ohio St. 3d 439

Syllabus

Taxation-Property-Valuation-Government-subsidized low-income housing under federal \Section 202\ program-Preference for market-rent approach over contract-rent approach is presumptive, but not conclusive--Valuation method must account for affirmative value of government subsidies-Contract-rent approach is appropriate when contract rents do not exceed generally available market rents.