Title 08 Taxation and Revenue
Chapter 08.07E Sales and Use Tax Deferral Program for Underutilized Commercial Property
Section 08.07E.120 Multi-family Tax Exemption
An owner of underutilized commercial property claiming a sales and use tax deferral under this chapter may also apply for the multiple-unit housing property tax exemption program under chapter 08.15 SMC and chapter 84.14 RCW. For applicants receiving the property tax exemption under chapter 08.15 SMC and chapter 84.14 RCW, the amount of affordable housing units required for eligibility under this chapter is in addition to the affordability conditions in chapter 08.15 SMC and chapter 84.14 RCW.
Date Passed: Monday, August 12, 2024
Effective Date: Sunday, September 15, 2024
ORD C36548 Section 2