Seattle Poised to Overhaul MFTE Housing Affordability Program, Despite Tenant Concerns
The Seattle City Council is set to greenlight a new iteration of the Multifamily Tax Exemption (MFTE) program with higher allowed rents and rent hikes. The program trades a property tax break for setting aside a quarter of the units with lower rents, but some advocates say the new rent structure is misaligned and will hurt tenants.
Copy and paste this URL into your WordPress site to embed
Copy and paste this code into your site to embed