NBC-USA Hous., Inc. — Five v. Levin

{¶ 1} Appellant, NBC-USA Housing, Inc.-Five, d.b.a. Love Zion Manor (“NBC”), appeals from the denial of its application to exempt its real property from taxation. The property is improved with government-subsidized apartments that NBC leases to low-income handicapped and aged tenants, and NBC seeks exemption on the ground that the property is “used exclusively for charitable purposes” pursuant to R.C. 5709.12(B). The tax commissioner denied the exemption, the Board of Tax Appeals (“BTA”) affirmed that denial, and NBC has appealed to the court. Because we agree with the BTA that the case law…