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Multifamily Property Tax Exemption Program

Multifamily Property Tax Exemption Program

Oregon 42 is a proud participant of the Multifamily Property Tax Exemption (MFTE) program. The Multifamily Property Tax Exemption (MFTE) Program provides a tax exemption on eligible multifamily housing in exchange for income- and rent-restricted homes. By supporting mixed-income residential development in urban centers, the MFTE program ensures affordability as the community grows.

To qualify for an MFTE rental at Oregon 42, household income must be below 80% of the area median income for Studios and One-Bedrooms, and 90% of the area median income for Two-Bedrooms. Interested in leasing? Click here to contact us


For the most up-to-date MFTE income information, visit www.Seattle.Gov/Housing