Dirt-to-Divestiture: Land Use, Zoning & Real Estate Development Blog: Moore & Van Allen https://www.mvalaw.com/Dirt-to-Divestiture Wed, 07 Oct 2026 22:01:51 -0400 Client Alert: South Carolina Freezes Certain Nonprofit Low-Income Housing Property Tax Exemption Applications https://www.mvalaw.com/Dirt-to-Divestiture/client-alert-south-carolina-freezes-certain-nonprofit-low-income-housing-property-tax-exemption-applications Rachel L. Gibbs, William R. Stroud Dirt-to-Divestiture/client-alert-south-carolina-freezes-certain-nonprofit-low-income-housing-property-tax-exemption-applications Sun, 31 May 2026 09:00:01 -0400 UPDATE — May 20, 2026: On May 19, 2026, the Governor signed S. 853 into law, enacting the temporary processing freeze on certain Exemption Statute applications discussed below.

Key Points

  • This is the second late-session bill affecting the nonprofit housing property tax exemption. As covered in our May 12, 2026, client alert, H. 5006 was amended on the Senate floor to rewrite the exemption under S.C. Code § 12-37-220(B)(11)(e) (the “Exemption Statute”) on a proportionate-ownership basis. S. 853 is a separate vehicle. It has now passed both chambers of the South Carolina ...
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