The amendment would provide that property being used for housing owned by a nonprofit is not exempt from taxation if:

the local government or parish determines that the property is in a state of disrepair and has conditions that endanger public health and safety; and
the property owner neglects maintenance of the property and receives three or more code enforcement violations within a year for issues that endanger the health and safety of residents or people in the surrounding area.
Matters deemed to pose dangers to public health and safety under the amendment would include structural instability; toxic ventilation; contaminated or inoperable water supply; holes, breaks, rotting materials, or mold in walls; roof defects, hazardous electrical systems, contaminated or unsecured swimming pools; and inactive or inoperable fire detection systems.

The tax exemption can be reinstated by the local government or parish if it is determined that the issues are resolved.