Mayor Durkan Transmits Legislation to Renew, Improve Multi-Family Tax Exemption Program That Currently Provides Affordable Rent to Almost 4,500 Low- and Middle-Income Households in Apartment Buildings across Seattle
Improvement to Program Will Limit Rent Increases to No More Than 4.5 Percent Per Year So Apartments Can Remain Affordable; Program Expected to Support At Least Another 1,300 New Affordable Homes over the Next Three Years Seattle (July 24, 2019) – Mayor Jenny A. Durkan transmitted legislation to City Council today to renew… [ Keep reading ]