WHY DOES SEATTLE HAVE A MULTI FAMILY TAX EXEMPTION PROGRAM?
June 16th, 2011Seattle’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 […]
[More]Posted: June 16th, 2011 under Housing.
Tags: affordable housing, development, multi-family tax exemption (MFTE) program
Tags: affordable housing, development, multi-family tax exemption (MFTE) program