The Eaton Law Firm Wins a Tremendous Victory for Affordable Housing
The Eaton Law Firm wins significant verdict against Bexar Appraisal District granting an affordable housing tax exemption. The verdict represents a significant victory concerning the so-called CHDO affordable housing tax exemption.
San Antonio, Texas (PRWEB) March 24, 2012 -- The Eaton Law Firm, PLLC is proud to announce that Michael W. Eaton has won the first ever jury verdict in a Texas affordable housing tax exemption case. In Case No. 2008-CI-10362, Brompton Community Housing Development Corporation, et al. vs. Bexar Appraisal District in the 45th District Court, the jury returned a unanimous plaintiff’s verdict in less than thirty minutes. The speedy verdict was a taxpayer rejection of the Bexar Appraisal District’s war on affordable housing tax exemptions created for Community Housing Development Organizations (CHDO’s). These tax exemptions allow nonprofit housing organizations to provide housing and services to low and moderate income individuals and families. Michael Eaton continues to cement his reputation as a national leader in affordable housing legal issues, especially those involving tax and finance aspects of affordable housing.
The jury returned a unanimous verdict in less than thirty minutes on a complex tax case with twelve juror questions to be answered. The speed of the verdict confirms the strength of the case presented by The Eaton Law Firm.
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