1. Public school improvements.

2. Public improvements as defined in ORS 279A.010.

3. Public hospital or medical facility improvements.

4. Long-term or residential care facilities operated by a nonprofit corporation and as defined in ORS 101.020, 442.015and 443.400.

5. Residential units guaranteed to be affordable, under guidelines established by the Federal Department of Housing and Urban Development, to households that earn no more than 80 percent of the median household income in the city of Talent, for a period of at least 10 years following the date of final occupancy of the unit(s).

6. Any improvements funding by construction excise tax proceeds, or other dedicated affordable housing funding from the city of Talent; provided, however, the amount of the exemption is limited to value of the improvements funded by the city.

7. Any other improvement where an exemption is required by state law.