DOUGLAS, J.
The principal issue in this real estate tax abatement case is whether property presently being used as a privately owned, federally subsidized housing project should be appraised as such or appraised as a non-subsidized, multi-family apartment complex. We reverse the superior court's granting of a tax abatement and remand.
The plaintiffs built and own a housing project for the elderly in Allenstown known as the Suncook Pond Housing for the Elderly...
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