Seattle City Council overhauls city housing tax break

By: Nate Sanford

Outlets: KNKX

Published: October 15, 2025

Words: 124

Last Updated: 3 weeks, 1 day ago

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The Seattle City Council unanimously approved a major overhaul of the city’s affordable housing program on Tuesday in an effort to make it more attractive to developers.

Seattle's Multifamily Tax Exemption Program offers property tax breaks to developers who set aside some rent-restricted units for people making less than the median income. It's one of many Washington cities to do so.

But new construction has stalled this year, and builders say better incentives are needed. …

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