Gateway Pines Hahira, Lp v. Lowndes County Board of Tax Assessors

In the Supreme Court of Georgia Decided: August 26, 2026 S25G0196. GATEWAY PINES HAHIRA, LP v. LOWNDES COUNTY BOARD OF TAX ASSESSORS. COLVIN, Justice. We granted certiorari in this case to determine whether property tax assessors seeking to determine the fair market value of “Section 42 properties” — that is, affordable housing properties that qualify for low-income housing income tax credits under Section 42 of the Internal Revenue Code (“Section 42 tax credits”)1 — may use a specific method of estimating the fair market value of real property known as the “income approach.”2 Applying the…