June 9, 2021

If we do decide to use tax dollars to incentivize development, we must assure that the program is transparent and that there is good oversight.

New urban commercial and residential construction in downtown Vancouver Washington waterfront -cm

Published in The Columbian “The Multifamily Tax Exemption program, or the MFTE, offers tax breaks to developers who price a portion of their units under a certain monthly rent threshold, or who offer to provide some sort of public benefit, such as a park or an art installation. The idea is to increase housing stock, providing an incentive for developers…

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