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PCPA EX Code:  AX1 - Facility Exemption

Florida Statute 196.1975 provides the guidelines for the exemption for property used by nonprofit homes for the aged.  

Back to Homes for the Aged Exemption Detail Page

Nonprofit homes for the aged are exempt to the extent that they meet the following criteria:

1)Must apply for exemption by March 1 of the application year

2)Must be owned by an Exempt/Not-for-Profit entity as of January 1 of the application year

a)A corporation not-for-profit pursuant to chapter 617 - OR - A Florida limited partnership, the sole general partner of which is a corporation not for profit pursuant to chapter 617 - AND - 

b)Must be qualified as an exempt charitable organization under the provisions of s. 501(c)(3) of the Internal Revenue Code.

3)75% of the occupants must meet one of the following criteria:

a)Must be over the age of 62 years - OR -

b)Must be totally and permanently disabled 

4)Licensing by the Agency for Health Care Administration as of January 1 of the application year is required ONLY IF the home:

a)Furnishes medical facilities or nursing services to its residents - OR -

b)Qualifies as an assisted living facility under chapter 429

NOTE:  Nonprofit housing projects that are financed by a mortgage loan made or insured by the United States Department of Housing and Urban Development under s. 202, s. 202 with a s. 8 subsidy, s. 221(d)(3) or (4), or s. 236 of the National Housing Act, as amended, and that are subject to the income limitations established by that department are exempt from ad valorem taxation.