Opinion No. 73-126 (1973) Ag

NONPROFIT HOUSING AUTHORITY

A nonprofit housing authority corporation organized pursuant to 18 O.S. 851 [18-851] to 18 O.S. 862 [18-862] (1971), may be exempt, as a "charitable" organization, from an ad valorem taxation if it is factually determined under Article X, Section 6 of the Oklahoma Constitution and Title 68 O.S. 2405 [68-2405] (1971), that the property is used for charitable purposes. The Attorney General's Office has received your opinion request wherein you ask, in effect, the following question: May a nonprofit housing authority corporation organized pursuant to 18 O.S. 851…