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2008
Low Income Housing Apartment Capitalization Rates
According
to House
Bill 3546, 'not later than January
31st of each year, the Appraisal District shall give public notice
in the manner determined by the District, including posting on
the district's website if applicable, of the capitalization rate
to be used in that year to appraise property receiving an exemption
under this section'.
The following are the 2008 overall capitalization
rates for low income restricted apartment projects in San Antonio,
Texas:
Class |
Rate |
L |
8.25% |
A |
8.75% |
B |
9.25% |
C |
9.75% |
The classes are based on the Bexar Appraisal District's
definitions.
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