# Iowa Code § 403A.10: Tax exemption and payments in lieu of taxes

> Iowa · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_IA_TIX_C403A_S403A.10

## Section

- **Citation:** Iowa Code § 403A.10
- **Heading:** Tax exemption and payments in lieu of taxes
- **Jurisdiction:** Iowa
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** IA Code / Title IX / Chapter 403A / Section 403A.10

## Text

The property acquired or held pursuant to this chapter is declared to be public property used exclusively for essential city or municipal public and governmental purposes, and such property is hereby declared to be exempt from all taxes and special assessments of the state or of any state public body. In lieu of taxes on such property a municipality may agree to make payments to the state or a state public body, including to the municipality, as it finds consistent with the maintenance of the low-rent character of housing projects and the achievement of the purposes of this chapter.

[C62, 66, 71, 73, 75, 77, 79, 81, §403A.10]2017 Acts, ch 29, §111

## Nearby sections

- [Iowa Code § 403A.1 Short title.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TIX_C403A_S403A.1.md)
- [Iowa Code § 403A.2 Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TIX_C403A_S403A.2.md)
- [Iowa Code § 403A.3 Powers.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TIX_C403A_S403A.3.md)
- [Iowa Code § 403A.4 Aid from federal government.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TIX_C403A_S403A.4.md)
- [Iowa Code § 403A.5 Exercise of municipal housing powers municipal housing agency.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TIX_C403A_S403A.5.md)
- [Iowa Code § 403A.6 Operation of housing not for profit.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TIX_C403A_S403A.6.md)
- [Iowa Code § 403A.7 Housing rentals and tenant admissions.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TIX_C403A_S403A.7.md)
- [Iowa Code § 403A.8 Dwellings for disaster victims and defense workers.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TIX_C403A_S403A.8.md)
- [Iowa Code § 403A.9 Cooperation between municipalities.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TIX_C403A_S403A.9.md)
- [Iowa Code § 403A.10 Tax exemption and payments in lieu of taxes.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TIX_C403A_S403A.10.md)
- [Iowa Code § 403A.11 Planning, zoning, and building laws — insulation requirements.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TIX_C403A_S403A.11.md)
- [Iowa Code § 403A.12 Bonds.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TIX_C403A_S403A.12.md)
- [Iowa Code § 403A.13 Form and sale of bonds.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TIX_C403A_S403A.13.md)
- [Iowa Code § 403A.14 Provisions of bonds, trust indentures, and mortgages.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TIX_C403A_S403A.14.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_IA_TIX_C403A_S403A.10. Check the current official text before relying on it. Not legal advice.