Web1 Apr 2024 · The Multi-Family Housing Property Tax Exemption (MFTE) program began in 1995, codified as RCW 84.14, to incentivize residential development in urban centers, … WebYes, they will want to verify that you are in full compliance with the program stipulations. And yes, it often does take 4+ weeks, sometimes longer if the leasing office doesn’t give them what they need in a timely manner. level 1. · 1 yr. ago. I’ve seen MFTE processed in a couple of days but it was with experienced leasing staff and ...
Leasing & Compliance Specialist - Seattle, WA - YWCA Seattle
WebUnder a Multifamily Tax Exemption (MFTE), cities define residential target areas with insufficient housing opportunities where development is eligible for MFTE. State law sets … WebYou must make application for housing at either the agency or property. You do not make application for housing through the Seattle Office of Housing. Multifamily Tax Exemption … inheritance\\u0027s l
Multifamily Tax Exemption 2024 Report - recovery.seattle.gov
WebCity of Seattle- Affordable Housing Incentive Program Compliance Manual – 1 SEATTLE INCENTIVE PROGRAMS INCOME CERTIFICATION PROCESS The following guidance is intended for the City of Seattle Affordable Housing Incentive Programs: Multifamily Tax Exemption (MFTE); Incentive Zoning (IZ); and Mandatory Housing Affordability (MHA). In WebThe MFTE program provides a tax exemption on new multifamily buildings in exchange for setting aside 20% of the homes as income- and rent-restricted. By supporting mixed-income residential development in the urban centers, the MFTE program ensures affordability as the community grows. Web26 Feb 2024 · Leasing & Compliance Specialist - Seattle, WA - YWCA Seattle King Snohomish ... Real Estate, we attribute much of our properties' successes to the strengths of our team members and we are seeking an MFTE Compliance Sepcialist who is proficient in tax credit paperwork and driven to succeed. · The MFTE Compliance Specialist is … inheritance\\u0027s ky