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2023 Low Income Housing Apartment Capitalization Rate: 8%

The Appraisal District is giving public notice of the capitalization rate to be used each year to appraise property receiving an exemption under Section 11.1825 of the Property Tax Code for Organizations Constructing or Rehabilitating Low-Income Housing: Property Not Previously Exempt.

The 2023 capitalization rate used by Collin CAD is 8.00%