Tell Legislators: Support Affordable Housing Creation and Preservation
As a member of the Partnership for Affordable Housing, we are committed to policies tht increase housing creation, access and affordability.
Fortunately, legislators currently have the opportunity to take a crucial step toward increasing the creation of more affordable housing -- particularly for working families. SB 5287 would expand the state's Multifamily Tax Exemption (MFTE) program to help increase the creation and preservation of affordable housing units.
CLICK HERE to ask your local legislators to vote yes on expanding the MFTE program and supporting housing creation for those impacted by COVID-19.
The MFTE program has a proven-track record of success. Since 2007, it's created an estimated 7,325 below market-rate units and 27,560 market-rate units across Washington state.
Furthermore, the bill would expand the program to a wider range of cities while allowing existing projects to extend their participation in the program so current affordable units don't expire out of the 12-year program. The extension of the MFTE program helps prevent Washington from losing more than 7,000 affordable units in the next decade.
CLICK HERE to tell you legislators: We need to advocate for proven-programs to create more affordable housing.
Thank you for your support. Together, we can make meaningful progress to combat Washington state's housing challenges.