This position requires in depth knowledge of the MFTE housing program in addition to excellent communication and interpersonal skills. MFTE applicants will be required to fill out . 8228 Green Lake Drive North Seattle, WA 98103. Rainier Valley Affordable Homeownership Initiative, 700 5th Ave, Suite 5700, Seattle, WA, 98104, Incentive zoning compliance for property managers, Read Seattle laws for renters and landlords. For 2 Bedroom - 85% Median Income. 700 5th Ave, Suite 5700, Seattle, WA, 98104 Encore at Columbia Station has 5 parks within 3.1 miles, including Genesee Park and Playfield, Jefferson Park, and Bradner Gardens Park. 34,885 new units of housing were created, 21% of which were designated as affordable. Opens in a new tab. The successful candidate will possess the ability to multitask, make smart and timely decisions with limited guidance, and be highly self-motivated with a strong sense of initiative and collaborative work style. % Submit all required consent forms. 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Reinbold (she/her) AICPSenior Plannermary.reinbold@commerce.wa.gov(509) 638-5449, Bremerton (external link)Everett (external link)Lakewood (external link)Lakewood video (external link)Seattle (external link)Shoreline (external link)Spokane (external link)Tacoma (external link)Vancouver (external link)Wenatchee (external link), Bellingham-BMC 17.82 (external link)Burien-BMC 19.45 (external link)Camas-CMC 3.86 (external link)Edmonds-EMC 3.38 (external link)Kenmore-KMC 3.65 (external link)Kirkland-KM 5.88 (external link)Lake Stevens-LSMC 3.27 (external link)Lakewood-LMC 3.64 (external link)Lynnwood-LMC 3.82 (external link)Olympia-OMC 5.86 (external link)Port Orchard-POMC 3.48 (external link)Seattle-SMC 5.72 (external link)Shoreline-SMC 3.27 (external link)Snohomish-SMC 3.50 (external link)Snoqualmie-SMC 3.10 (external link)Spokane-SMC 8.15 (external link)Tacoma-TMC 6A.110 (external link)Vancouver-VMC 3.22 (external link)Walla Walla-WMC 2.28 (external link)Wenatchee-WMC 5.88 (external link)Woodinville-WMC 3.43 (external link), Issaquah 2020 Target Area Designation (PDF), Ferndale 2021 Update to Extend MFTE Program (PDF), Renton 2021 Update to Add 20 Year and Extend Program (PDF), Seattle 2021 Update to Add 20 Year and Update Program (PDF), Equity Index Resolution No. To apply for a Conditional or Final Certificate of Property Tax Exemption, please use the following forms: Please enable JavaScript in your browser for a better user experience. Owners/developers applying to participate in the MFTE program must commit to implement an Affirmative Marketing Plan. To access the information, click on the link to the recording. Under a Multifamily Tax Exemption (MFTE), cities define residential target areas with insufficient housing opportunities where development is eligible for MFTE. As with any incentive, regularly reviewing performance and adjusting the program as needed is essential. MFTE applicants can have a maximum income of $49,400 for a single household, or $56,450 a two-person household. Kerry Feeman You do not make application for housing through the Seattle Office of Housing. Renters: This page is intended for property managers of buildings participating in the MFTE, MHA and IZprograms. 1 Bedroom. Where it Works Washington State Legal Context. Media Center State law sets specific standards as to what can qualify as a target area, detailed below. For 2 Bedroom - 85% Median Income. 60% AMI 1-bedroom. Occupancy Specialist Qualifications: Must possess a working knowledge of MFTE & other affordable programs Able to interpret and understand tenant file information Proficient in Microsoft Office applications, including Excel, Word and Outlook Demonstrates strong judgement and critical thinking skills Privacy Policy For example, Bridges @ 11th is currently waiving the application fee and security deposit. mars 1. Address: 50% AMI Studio. 999 Hiawatha. <> If you have any questions please contact OFH_MFTE@seattle.gov, Use this link to download an Overview of the MFTE Application Process for Program 6 projects. These guidelines limit the maximum rents that may be charged, and the incomes of eligible tenants, to ensure that housing is affordable to those who need it. Resident Login Opens in a new tab Applicant Login Opens in a new tab. Housing and Human Services Coordinator The jurisdiction will have to weigh these arguments with their individual priorities. Accessibility Statement Section 8 and other subsidy programs welcome. Site Selectors/Investors Site, Public Records Request Managing housing costs is one way to stay financially fit. Address: We gladly accept Housing Choice vouchers for all units. It is comprised of a state component at 6.5% and a local component at 1.2% - 3.8%; total 7.7% - 10.3%. The miles and minutes will be for the farthest away property. Visit the priority access rentals and affordable housing website for more information and subscribe to the UW Insider for updates about affordable housing resources. Several issues to consider include: Appropriate targeted income level and income recertification. To qualify for MFTE, you will need to verify that your household income falls within income eligibility limits which currently range from 40% - 90% of Seattle's area median income (AMI). You must make application for housing at either the agency or property. There are no income limits for our 188 Market Rent units. These utility allowances are available on, Household must be below the maximum allowable income limit and have all above documentation on file prior to signing a lease/renting unit. Employee Resources, Serving Communities When that goes into effect, you may still qualify depending on what your raise is and what the income . Phone Number (206) 806-7992. . These homes are available to low to moderate income households, with specific income requirements dependent on the size of the household . . Phone Number (206) 420-2399. $1,450 1br - 611ft2 - (South Seattle, Beacon Hill, Martin Luther King Way) $2,195. If the cosigner does not meet any one (1) of the criteria, the cosigner will not qualify. Find the perfect place to live. MFTE requirements and extensive application help Anybody that has got approved for the MFTE housing did you actually have to send in 6months of bank statements including Venmo, cash app and PayPal accounts?? An email will be sent several days before the webinar you have registered for with the link and other material. Dog & Cat Friendly Fitness Center Dishwasher Refrigerator Kitchen In Unit Washer & Dryer Walk-In Closets Clubhouse Balcony. $1,410 517ft2 - (Seattle) $1,410 mar 2 MFTE Open 1-Bedroom Price Drop! This website is unaffiliated with the City of Seattle. In order to qualify for MFTE homes at STAZIONE25, household income must be below 65% of the area median income for Studios, below 75 . Household Income must be 2.5 x amount of rent. This property participates in the City of Seattle Multifamily Property Tax Exemption (MFTE) Program. Multi-Family Tax Exemption Program The City of Seattle's Office of Housing operates the Multi-Family Tax Exemption Program (MFTE), which provides a tax exemption to developers and owners of new multi-family buildings who set aside 20-25% of their units as income-and rent-restricted. The MFTE program provides affordable rent, typically hundreds of dollars lower . In-unit Amenities. Doug Trumm. Businesses making retail sales in Washington collect sales tax from their customer. The Multifamily Property Tax Exemption (MFTE) Program provides a tax exemptionon eligible multifamily housing in exchange for income- and rent-restricted units. Once a Conditional Certificate is issued, the applicant must complete the project within three years; one two-year administrative extension is available. Household income for our MFTE units must be below the HUD Income Limits for Seattle as follows: For Studios - 65% Median Income. MFTE units will be highly desirable and the supply will likely not meet demand. The Washington Department of Commerce was charged by the Washington State Legislature (through SB 5287 and a budget proviso) to develop guidance, complete a study, evaluate the impact of MFTE programs on cities and develop an MFTE auditing program. In Snohomish County, MFTE programs are allowedin cities with a minimum population of 5,000. 4 0 obj %PDF-1.7 These homes are available to low to moderate income households, with specific income requirements dependent on the size of the household and the number of bedrooms. you are in the lower half of Seattle, income-wise. Skip to main content Toggle Navigation. PROGRAM 2 PROGRAM 3 PROGRAM 4 PROGRAM 5 PROGRAM 6 Ordinance 119237 - Seattle Times. See the Renter's Guide for more detail. In 2021, significant changes were made to the program, find a summary at this link. (206) 496-0769. In this case, the property manager may have no idea this is happening, and it may be a good idea for city staff to monitor these kinds of sites for MFTE properties. Ineligible applicants may not rent the income restricted unit. Applicants must apply for a Conditional Certificate of MFTE prior to receiving building permits. Office of the Governor 700 5th Ave, Suite 5700, Seattle, WA, 98104 Questions regarding Affirmative Marketing requirements should be d The Sales and Use Tax is Washington's principal revenue source. Disclosures & Licenses | There is a select number of homes in this property that are part of this program. Walls Property Management Seattle, WA 1 week ago Be among the first 25 applicants Be The MFTE, amended and renewed last October, provides a property tax exemption . To see if there are MFTE properties where you want to live, see the list of MFTE properties on the citys website. 1 Month Free. It includes roughly 180 properties located throughout the city, their locations, contact information and the types of units they offer. 855 affordable units were officially added to Seattle's MFTE rolls in 2016, while one building with 12 affordable units saw its tax exemption expire along with the rent restriction. Up to two properties from Seattle Senior Housing Program, if eligible (please note: Applicants age 62 or older are not limited to these properties and may apply for properties in any program) Do not use this application to apply for Special Portfolio . First, some context for readers who may be unaware: The median household income (called usually the AMI, area median income) in Seattle is currently -- astonishingly -- $80,000.Which means if you have two earners at 40 hours a week earning less than $20 an hour, or a single person earning less than $39 an hour (!) 448 sqft. Encourage the creation of mixed-income housing that is affordable to households with a range of incomes in rResidential tTargeted aAreas; 4. View 28 pictures of the 16 units for UW 5246 Brooklyn AVE NE, Seattle - 002-MFTE Apartments - Seattle, WA | Zillow, as well as Zestimates and nearby comps.