Multi-Family Tax Exemption

A row of townhouses.

MFTE Boundaries & Programs

Spokane Targeted Investment Area (STIA) – economically distressed census tracts
Spokane Municipal Code 08.15.030

Goal: To encourage more market rate housing and in areas with high rates of poverty, leading to a greater mixture of incomes and housing types as intended by the State legislation.

Affordable Housing Emphasis Area – NOT economically distressed census tracts
Spokane Municipal Code 08.15.030

Goal: To encourage the development of more affordable housing with income and rent restrictions outside the economically distressed area, leading to a greater mixture of incomes and housing types as intended by the State enabling legislation.

For Multi-Family Tax Exemption (MFTE), once a project has met programmatic criteria the owner can expect to save approximately $1,166 on their tax bill for every $100,000 of Exempt Assessed Value on the housing portions of the property The exemption of assessed value is only applied to housing portions of the property. Download the MFTE Estimated Savings Calculator (MS EXCEL 16 KB) to help you estimate your possible property tax savings.

Form Instructions: Users will need to right-click and download the forms to complete, save them to a device, and then send them as an attachment in an email to incentives@spokanecity.org.

Application Steps


Contact Information

Contact Teri Stripes,
Economic Development Specialist at:
509.625.6597
incentives@spokanecity.org