Rio Vista Non-Profit Housing Corp. v. County of Ramsey

TODD, Justice.

Rio Vista Non-Profit Housing Corporation (Rio Vista) was organized for the purpose of providing low-rent housing to families of modest income. The construction costs and part of the rental income are from Federally subsidized programs. Rio Vista challenged the assessment of real estate taxes against its property. The trial court allowed the taxes, asserting that Rio Vista was not an institution of purely public charity and therefore not exempt from taxation. We reverse.

The matter was submitted to the trial court on stipulated facts, together with brief and oral testimony on…