Senate Housing sizes up apartment tax breaks
Plus some campaign cash tidbits and some context on that democracy-voucher thing
When Washington’s Multifamily Housing Property Tax Exemption began in 1995, it was intended to shore up the supply of affordable big-city apartments, but its return on investment remains something of a debate.
MFTE gives developers a property tax break if they give renters a break on 20 percent to 25 percent of their apartment units for 12 to 20 years. I…
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