The Multifamily Tax Exemption (MFTE) program has approved 7,518 affordable units, as of the end of 2016. 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. The 163 buildings actively participating have 28,580 total units … Continue reading Dissecting MFTE: 855 New Units Added In 2016 But Rent Limit Jumped 7%