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Tax Incentive for Multi-Family Housing
Overview
This incentive is an eight or 12 year program that provides tax relief for new construction or rehabilitation of multifamily housing located within designated areas of the cities, with a population of 15,000 or more. Tax relief applies only to the value of the residential housing units. The land and non-residential improvements continue to be taxed at the regular rate.
Contact Information
For more information contact:
  • Bonney Lake City Administrator - (253) 447-4307
  • Lakewood Community Development Department - (253) 589-2489
  • Puyallup City Attorney's Office - (253) 841-5598
  • Tacoma Economic Development Department - (253) 591-5221
  • University Place Development Services Department - (253) 460-2519