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