2024年3月20日 · By supporting mixed-income residential development in the urban centers, the MFTE program ensures affordability as the community grows. Developers and owners applying to the MFTE program with questions can contact us for more information.

Find modern rent-reduced apartments in Seattle through the Multifamily Tax Exemption (MFTE) program. View participating buildings on the MFTE map.

2024年4月18日 · It authorizes 8-year exemptions to encourage the development of multifamily housing, and 12- and 20-year exemptions to encourage the development of affordable housing. All cities, many towns, and Clark, King, Kitsap, Pierce and Snohomish counties are eligible to offer an MFTE program. Over 50 Washington jurisdictions currently participate.

On July 3, 2023, following a public hearing and unanimous vote, the Vancouver City Council adopted MFTE ordinance amendment M-4416. The primary changes to the ordinance included: Expanding the program to new target areas of the City. …

The MFTE program incentivizes the development of multifamily and affordable housing on Bainbridge Island by exempting qualifying new housing from property taxes for 12 or 20 years on the residential improvement value of a development. The program, known as Multifamily Tax Exemption (MTFE) will apply in two areas:

The Office of Housing will review the latest plan set uploaded to Accela for certain application requirements. Applicants may indicate plan set page numbers for these elements:

What is the Multifamily Housing Tax Exemption and Why Does it Matter? The Multifamily Housing Tax Exemption (MFTE) is a tax incentive for the purpose of expanding available housing and affordable housing within designated areas.

Mio Apartments is proud to participate in the Multifamily Property Tax Exemption (MFTE) program. This program provides a tax exemption on new multifamily buildings in exchange for setting aside 20-25% of the homes as income- and rent-restricted.

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