Property tax exemption extended to 30 years for new social housing meeting environmental quality criteria

Article 5 of the National Commitment to Housing Act supplements section I ter of Article 1384 A of the General Tax Code: the property tax exemption under section I bis, which covers new social housing meeting environmental quality criteria (twenty years), is extended to thirty years for buildings benefiting from a subsidy or assisted-loan decision taken between 1 July 2004 and 31 December 2009, a period for which the standard exemption for social cohesion plan housing was twenty-five years (I ter). It applies to buildings whose construction starts on or after the publication of the Act.