Tag: multi-family tax exemption (MFTE) program

WHY DOES SEATTLE HAVE A MULTI FAMILY TAX EXEMPTION PROGRAM?

June 16th, 2011

Seattle’s multi-family tax exemption (MFTE) program has come under fire recently.  It has been suggested that the program subsidizes apartments that are too expensive, and that the program effectively serves as a subsidy to developers to build projects that they would have built anyway.  As is often the case, the reality is more complex.  The […]

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Posted: June 16th, 2011 under Housing.
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