Free 50-264 Supplemental Application for Community Housing Development Organization Improving Property for Low-Income and Moderate-In - Texas

50-264 (8-03/3) [11.182-S Rule 9.415]

SUPPLEMENTAL APPLICATION FOR COMMUNITY HOUSING DEVELOPMENT ORGANIZATION IMPROVING PROPERTY FOR LOW-INCOME AND MODERATE-INCOME HOUSING PROPERTY TAX EXEMPTION PREVIOUSLY EXEMPT IN 2003
Instructions:

Year

If you previously filed a valid Application for Community Housing Development Organization Improving Property for Low-Income and Moderate-Income Housing Property Tax Exemption, you must file this application when you acquire additional improved and unimproved real property at any time during the year. You must file the completed application not later than the 30th day after the date you acquire the property. The exemption is applicable only to that portion of the year in which the property qualifies for exemption. Property is eligible for this exemption for three years after the date of acquisition, unless the property is rented or offered for rent without profit to a low-income or moderate-income individual or family satisfying eligibility requirements. You also must file this Supplemental Application by March 31 of the following year, listing any properties that the organization has acquired or sold in this county that received the exemption in the preceding year. See Step 6 on page 2.
Name of owner/organization

Step 1: Owner's name and address

Present mailing address

City, town or post office, state, ZIP code

Phone (area code and number)

Name of person preparing this application

Driver's License, Personal I.D. Certificate, or Social Security Number*:

Title

Step 2: Legal description of property

Legal description of property

Appraisal district account number (Optional):

Step 3: Primary use of property

Describe the primary use of the property.

Step 4: Date of acquisition of property Step 5: Other information

Date of acquisition of the property ____________________________________ Is the property reasonably necessary for operation of the association/organization?............ Year initial application granted _______________________ .
List all other individuals and organizations that used this property in the past year, and give the requested information for each. Attach a separate sheet, if necessary.
NAMES DATES USED ACTIVITY RENT PAID, IF ANY YES NO

(Continued on page 2)

50-264 (8-03/3) - Page 2 [11.182-S Rule 9.415]

Step 6: List properties sold or acquired during the preceding year. File by March 31 of the following year.

This organization acquired or sold the following properties during the preceding year, ___________. Give the address and legal description of the property, including the appraisal district account number (optional). Property Acquired: 1. Street Address __________________________________________________________________________________ Legal Description ________________________________________________________________________________ ________________________________________________________________________________________________ Appraisal District Account Number (optional): _______________________________________________________ 2. Street Address __________________________________________________________________________________ Legal Description ________________________________________________________________________________ ________________________________________________________________________________________________ Appraisal District Account Number (optional): _______________________________________________________ 3. Street Address __________________________________________________________________________________ Legal Description ________________________________________________________________________________ ________________________________________________________________________________________________ Appraisal District Account Number (optional): _______________________________________________________ Property Sold: 1. Street Address __________________________________________________________________________________ Legal Description ________________________________________________________________________________ ________________________________________________________________________________________________ Appraisal District Account Number (optional): _______________________________________________________ 2. Street Address __________________________________________________________________________________ Legal Description ________________________________________________________________________________ ________________________________________________________________________________________________ Appraisal District Account Number (optional): _______________________________________________________ 3. Street Address __________________________________________________________________________________ Legal Description ________________________________________________________________________________ ________________________________________________________________________________________________ By signing this application, you certify that this information is true and correct to the best of your knowledge and belief.

Step 7: Sign and date the form

Authorized signature

Date

If you make a false statement on this application, you could be found guilty of a Class A misdemeanor or a state jail felony under Texas Penal Code Section 37.10.

* You are required to give us this information on this form, in order to perform tax related functions for this office. Section 11.43 of the Tax Code authorizes this office to request this information to determine tax compliance. The chief appraiser is required to keep the information confidential and not open to public inspection, except to appraisal office employees who appraise property and as authorized by Section 11.48(b), Tax Code.