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seedseattle / econ_dev / rainiercourt.html

http:// planeteyetraveler.com / wp -content/uploads/2010/11/Uwajimaya-Village-in- Seattles -International- District.jpg. http:// www.seedseattle.org / econ_dev / rainiercourt.html. Multifamily Tax Exemption Effects in Downtown Seattle.

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seedseattle / econ_dev / rainiercourt.html

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  1. http://planeteyetraveler.com/wp-content/uploads/2010/11/Uwajimaya-Village-in-Seattles-International-District.jpghttp://planeteyetraveler.com/wp-content/uploads/2010/11/Uwajimaya-Village-in-Seattles-International-District.jpg http://www.seedseattle.org/econ_dev/rainiercourt.html Multifamily Tax Exemption Effects in Downtown Seattle http://casestudies.uli.org/DCS_PixShow.aspx?CSId=C037020&PicId=6 Geography 445 Garrett Gerlach Sherwin Lee Zetian Xu

  2. Project Background • Fair housing/Equality of Housing • Fair Housing Act • The Multifamily Tax Exemption (MFTE)as one of the policy changes made by government in order to enhance fair housing

  3. What is MFTE • Residential improvements • Multifamily • Moderate-wage workers/Lower-income families • The exemption can last for 12 years • Encourage more mix-income housing to develop community along with better access to employment and transportation.

  4. Targeted Sites Uwajimaya Apartments • Address: 521 S. Weller, Seattle WA 98104 • Neighborhood: International District/Chinatown • Year Built: 2000 • Total Units: 176 • Affordable Units: 46

  5. Targeted Sites Rainier Court • Address: 3700 Rainier Ave. S. Seattle, WA 98144 • Neighborhood: Rainier Valley • Year Built: 2004 • Total Units: 178 • Affordable Units: 178

  6. Targeted Sites Alley 24 • Address: 224 Pontius Ave. N. Seattle, WA 98109 • Neighborhood: South Lake Union • Year Built: 2006 • Total Units: 172 • Affordable Units: 35

  7. Targeted Sites • Located in Seattle area • Different % of units available to low-income people • Different % of units developed within the last 10 years

  8. Income

  9. Tenure

  10. Non-White Demographics

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