Senate Housing sizes up apartment tax breaks

Plus some campaign cash tidbits and some context on that democracy-voucher thing

and

Nov 02, 2023

∙ Paid

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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