mfte seattle qualifications mfte seattle qualifications

New things can arise all the time, and will require nimble, well-informed staff one recent development is the rise of AirBnb and other new types of home rental services. Ordinance No. Eligible residents will receive a restricted rent that is capped at a maximum amount for a defined period. Budget advisors generally recommend keeping housing costs at 30% of your households income or less. Section 8 and other subsidy programs welcome. Program outreach. Qualifications: Previous experience in property . Office of the Governor Renters interested in applying for properties should review the materials under Private Apartment Buildings on the Office of Housing Find Housing page. endobj Multi-Family Tax Exemption Program The City of Seattle's Office of Housing operates the Multi-Family Tax Exemption Program (MFTE), which provides a tax exemption to developers and owners of new multi-family buildings who set aside 20-25% of their units as income-and rent-restricted. Department of Revenue The City of Seattles Office of Housing operates the Multi-Family Tax Exemption Program (MFTE), which provides a tax exemption to developers and owners of new multi-family buildings who set aside 20-25% of their units as income-and rent-restricted. 2023 AHA. Apply And Get Up To 6 Weeks Free! The neighborhood is expensive (as is the case in a lot of Seattle), but there are some MFTE units in the building, which are a bit more affordable. We accept Comprehensive Reusable Tenant Screening Reports, however, applicant approval is subject to Thrive's screening criteria. I successfully included another important amendment to increase the number of setaside units. Disclosures & Licenses | In 2021, significant changes were made to the program, find a summary at this link. The percentage of affordable units reserved is another item to balance along with targeted income level. The Multifamily Property Tax Exemption (MFTE) Program provides a tax exemption on eligible multifamily housing in exchange for income- and rent-restricted units. The purposes of this chapter are to: 1. Preferred Qualifications. MFTE program guidelines and forms for initial and on-going compliance and annual reporting can be found by clicking the links below: Certification of Household Eligibility Annual Project Certification Details for Income-Restricted Units Rent and income limits MFTE Compliance Manual Self-employment Verification Employment Verification stream Commerce will use this work to answer frequently asked questions, support community planning, and support implementation and operating of MFTE programs throughout the state. In this classic Disney film, Aladdin (Pete Davidson) has some concerns about taking the next step in his relationship with Jasmine (Kim Kardashian West).Satu. Address: Fax: (206) 233-7117 Occupancy Specialist Qualifications: Must possess a working knowledge of MFTE & other affordable programs Able to interpret and understand tenant file information Proficient in Microsoft Office applications, including Excel, Word and Outlook Demonstrates strong judgement and critical thinking skills Employee Resources, Serving Communities Shoreline, WA 98133-4905 Seattle (September 24) - Seattle Mayor Jenny A. Durkan today signed into law her plan to renew and expand the Multifamily Tax Exemption (MFTE) program that provides affordable rent to Seattle families and held a swearing-in ceremony for Emily Alvarado, the new permanent Director of the City's Office of Housing.. Phone Number (206) 420-2399. [CDATA[*/ (function() { var sz = document.createElement('script'); sz.type = 'text/javascript'; sz.async = true; sz.src = '//siteimproveanalytics.com/js/siteanalyze_460.js'; var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(sz, s); })(); /*]]>*/, 2023 Washington State Department of Commerce. Emerson is proud to offer a select number of income-qualified apartment homes through three different affordable housing programs, including MFTE, to make high-quality apartment living more attainable in the Seattle community. True to MFTE's original goal of channeling growth back in urban areas, nearly half of developments receiving MFTE were created in Seattle alone, amounting to 17,432 . In October of 2021, Ordinance No. Find the perfect place to live. MFTE applicants will be required to fill out . Where it Works Washington State Legal Context. The program authorizes 8, 12 and 20-year property tax exemptions to encourage the development of multifamily housing. Resident Login Opens in a new tab; Applicant Login Opens in a new tab; Terms and Conditions Opens in a new tab; Occupancy Specialist Qualifications Must possess a working knowledge of MFTE & other affordable programs Able to interpret and understand tenant file information Please get in touch with our leasing team with any questions on how to qualify for these homes. Under a Multifamily Tax Exemption (MFTE), cities define residential target areas with insufficient housing opportunities where development is eligible for MFTE. Visit the priority access rentals and affordable housing website for more information and subscribe to the UW Insider for updates about affordable housing resources. For rental properties in Seattle, effective February 19, 2018 landlords can no longer . There are no income limits for our 188 Market Rent units. The program is only available for investors who build or rehabilitate four or more units to rent. MFTE requirements and extensive application help Anybody that has got approved for the MFTE housing did you actually have to send in 6months of bank statements including Venmo, cash app and PayPal accounts?? (206) 496-0769. Please contact the Leasing Office for any specific questions. Please note: The Under $5,000 in Household Assets Certification form has been removed and will no longer be accepted by the program for income certificationsstarted on or after 6/17/2019. The 12 year period begins the first full calendar year after the project is completed. Depending on your propertys MFTE agreement, you may need to re-qualify every year or only if you change MFTE units. Virtual Tour. There are no income limits for our Market Rent Units. To qualify for the Low Income Housing Program, a household's income must not exceed 80 percent of Area Median Income (AMI) Households with income that does not exceed 30 percent of AMI will receive priority on the waitlist. A retail sale is the sale of tangible personal property. 999 Hiawatha. Other monitoring concerns. The Occupancy Specialist has the overall responsibility of processing MFTE files adhering to Office of Housing . The most recent work product developed by Commerce is an informational webinar created for elected officials, appointed officials and other stakeholders at jurisdictions considering adoption of MTFE. The Multi-Family Housing Property Tax Exemption (MFTE) program began in 1995, codified as RCW 84.14, to incentivize residential development in urban centers, designated as residential targeted areas, for Washingtons largest cities. Applicants must apply for a Conditional Certificate of MFTE prior to receiving building permits. General Requirements To qualify for subsidized housing, you must be one of the following: A family with children under age 18. MFTE units will be highly desirable and the supply will likely not meet demand. Login. These amenities may not be available for every unit. By supporting mixed-income residential development in the urban centers, the MFTE program ensures affordability as the Seattle community grows. UW CareLink consultants will ask questions to understand where you want to live, what amenities or criteria your new housing needs to include and what your housing budget . This position requires in depth knowledge of the MFTE housing program in addition to excellent communication and interpersonal skills. Do You Qualify For MFTE? Over the years of the MFTE program's existence, I have strived to make the MFTE program to include greater benefit to the public, see here, here, here, here, and here. 40866 (PDF)Equity Index Council Action Memorandum (PDF)Implementing 2021 changes to the MFTE program (PDF)Implementing TOD and Commercial element to the MFTE program (PDF)Removing an RTA (PDF), Application Process Overview for Program (PDF)Application (PDF)Exemption Agreement (PDF)Pro Forma (PDF)Compliance Manual (PDF)Lease-up Certification Report (PDF)Lease Rider (PDF)Annual Certification Report (PDF)Household Eligibility Certificate (PDF)Assessor MFTE Program Checklist (PDF), MFTE Workbook Full (PDF)MTFE Workbook Feedback Form, MFTE Covenant Memo (PDF)Sample MFTE Covenant (Word)MFTE Study and Guidance Initial Interview Guide (PDF)MFTE Study and Guidance Project Engagement Strategy (PDF)MFTE Study and Guidance Project Workplan (PDF), MFTE Work Plan 2021 (PDF)MFTE Guidance RFP (PDF)MFTE Stakeholder WebinarMFTE Stakeholder Webinar Slides (Power Point), 2021 MFTE Report (PDF)2020 MFTE Report (PDF)2019 MFTE Report (PDF)2010 MFTE Report (PDF), About Us Property Tax Exemption (MFTE) Program. Applicants to MFTE units must income qualify and must have all income sources verified prior to signing a lease to ensure compliance with the programs income restrictions. For 2 Bedroom - 85% Median Income. Shoreline uses the HUD determination of the King County Adjusted Median Income (AMI) to determine affordability, and the city adjusts the percentage based on unit size: MFTE program guidelines and forms for initial and on-going compliance and annual reporting can be found by clicking the links below: Shoreline's MFTE program is currently offered in nine areas. If you qualify, your rental rates will be capped based upon your household income and the type of unit you rent. This property participates in the City of Seattle Multifamily Property Tax Exemption (MFTE) Program. After completing the project, the applicant must apply for a Final Certificate of MFTE; once received, the actual exemption period begins on the next full calendar year. Have applicants disclose all income sources onResident Eligibility Application (REA), Obtaindocumentationfor each income source and asset disclosed by applicant, Calculate total household income from source documentationand enter into Household Eligibility Certification (HEC), Rainier Valley Affordable Homeownership Initiative, 2022 MFTE/IZ/MHA Annual Property Cerification Form, Renter's Guide to the City of Seattle's MFTE and IZ Programs, HUD 4350.3 REV-1Chapter 5 Determining Income and Calculating Rent, Fair Housing in Washington State for Property Owners and Managers, Household Eligibility Certification (HEC), 700 5th Ave, Suite 5700, Seattle, WA, 98104, Incentive zoning compliance for property managers, Read Seattle laws for renters and landlords, Seattle Office of Housing programs primarily use the Seattle Housing Authority's (SHA) utility allowance when determining maximum rent levels (see Income & Rent Limits). x]mo9n -v0vI.Hv&&8V-9WUdwEzq9p$fU=UEV-EtpXIinlg,xM=w$N_%(r~_/OETF/^ &D$,.eTde_.Wi~b ={[O.^;,M|UTEd2EV!VAB4Fp$tX.WpG|e=exa mQGp(hfCD{{}+13=Q[)j1+Me?.u, =K^%\. This property participates in the City of Seattle Multifamily Property Tax Exemption (MFTE) Program. All cities and Clark, King, Kitsap, Pierce, and Snohomish counties may now offer an MFTE program. Household income for our MFTE units must be below the HUD Income Limits for Seattle as follows: For Studios - 65% Median Income. In order to qualify for MFTE homes at STAZIONE25, household income must be below 65% of the area median income for Studios, below 75 . The successful candidate will possess the ability to multitask, make smart and timely decisions with limited guidance, and be highly self-motivated with a strong sense of initiative and collaborative work style. State law sets specific standards as to what can qualify as a target area, detailed below. Affordable housing below market rates are available to individuals and families that meet the income guidelines. For each restricted unit, the maximum allowable income (by household size) and housing cost (by unit size) aligns with the affordability level set by covenant or other regulatory agreement. 60% AMI 1-bedroom. Crew Apartments. You will be able to apply for: Up to two properties from the Low-Income Public Housing program. It is comprised of a state component at 6.5% and a local component at 1.2% - 3.8%; total 7.7% - 10.3%. Kerry Feeman You will need to provide a Resident Eligibility Application (REA) to each MFTE property where you apply, and landlords will verify your income at the time they offer you an MFTE unit. Time and distance from Encore at Columbia Station. Doug Trumm. The increase in income from 2018 to 2019 was 7.7%. 2 bedroom or larger units must be affordable to those earning 80% of the King County AMI. Each property offers their own incentives and the up-front savings can return nearly a full months rent to your pocket. Stimulate the construction of new mMultifamily hHousing; 3. Be advised: The Office of Housing must receive a complete Final Certificate Application no more than 30 days from the date of temporary certificate of occupancy, or the permanent certificate of occupancy if no TCO is issued. Phone: (206) 684-0721 4 0 obj These maximums are expressed as percentages of the area median income. Properties participating in the programs will have the most current information on vacancies and will conduct the income certification process. endobj (206) 801-2334, 17500 Midvale Ave N 8228 Green Lake Drive North Seattle, WA 98103. Electricity and wifi paid separately. Encourage the creation of mixed-income housing that is affordable to households with a range of incomes in rResidential tTargeted aAreas; 4. Mailing Address: Limited Time Only! $2,224 - 6,330. Seattle (July 24, 2019) - Mayor Jenny A. Durkan transmitted legislation to City Council today to renew and improve the Multifamily Tax Exemption (MFTE) Program.The MFTE program provides affordable rent, typically hundreds of dollars lower than market rate, to nearly 4,500 low- and middle-income households in private apartment buildings in neighborhoods across Seattle. Phone: (206) 684-0721 Youll need to contact properties and ask about their current availability. The MFTE program incentivizes the development of multifamily and affordable housing on Bainbridge Island by exempting qualifying new housing from property taxes for 12 or 20 years on the residential improvement value of a development. Encore at Columbia Station has 5 parks within 3.1 miles, including Genesee Park and Playfield, Jefferson Park, and Bradner Gardens Park. 75% AMI 2-bedroom. MFTE knowledge is preferred; . CREW participates in the MFTE program and pricing may reflect as such. Renters: This page is intended for property managers of buildings participating in the MFTE, MHA and IZprograms. The Seattle Office of Housing monitors multifamily properties with commitments through the Multifamily Tax Exemption (MFTE), Mandatory Housing Affordability (MHA) and Incentive Zoning (IZ or Housing Bonus) programs. Identifying strategies to expand knowledge of this resource will be an ongoing challenge. Homeless AssistanceForeclosure HelpMobile Home Parks ClosingOffice of Homeless YouthPlanning for Housing, Affordable Housing Funding SourcesInfill DevelopmentTechniques and Incentives for Encouraging Affordable HousingTypes of Affordable Housing, Mary M. Reinbold (she/her) AICPSenior Plannermary.reinbold@commerce.wa.gov(509) 638-5449, Bremerton (external link)Everett (external link)Lakewood (external link)Lakewood video (external link)Seattle (external link)Shoreline (external link)Spokane (external link)Tacoma (external link)Vancouver (external link)Wenatchee (external link), Bellingham-BMC 17.82 (external link)Burien-BMC 19.45 (external link)Camas-CMC 3.86 (external link)Edmonds-EMC 3.38 (external link)Kenmore-KMC 3.65 (external link)Kirkland-KM 5.88 (external link)Lake Stevens-LSMC 3.27 (external link)Lakewood-LMC 3.64 (external link)Lynnwood-LMC 3.82 (external link)Olympia-OMC 5.86 (external link)Port Orchard-POMC 3.48 (external link)Seattle-SMC 5.72 (external link)Shoreline-SMC 3.27 (external link)Snohomish-SMC 3.50 (external link)Snoqualmie-SMC 3.10 (external link)Spokane-SMC 8.15 (external link)Tacoma-TMC 6A.110 (external link)Vancouver-VMC 3.22 (external link)Walla Walla-WMC 2.28 (external link)Wenatchee-WMC 5.88 (external link)Woodinville-WMC 3.43 (external link), Issaquah 2020 Target Area Designation (PDF), Ferndale 2021 Update to Extend MFTE Program (PDF), Renton 2021 Update to Add 20 Year and Extend Program (PDF), Seattle 2021 Update to Add 20 Year and Update Program (PDF), Equity Index Resolution No. By supporting mixed-income residential development in the urban centers, the MFTE program ensures affordability as the Seattle community grows. The second bill would renew the city's Multifamily Tax Exemption (MFTE) a tax break for developers who include subsidized affordable units in their apartment buildings. The Seattle Housing Authority partners with the Office of Housing and MFTE property managers in facilitating the programs affirmative marketing requirements. Please contact our Leasing Office to learn more about income qualifications, application process and apartment availability. To secure the longer exemption period, the property must meet a minimum affordable housing standard. Careful research should be done to establish an appropriateincome progression cap where market rents become accessible. Learn more ways to build your financial confidence and get closer to reaching your financial goals with Financial Literacy Month events and resources offered by The Whole U and its partners. 50% AMI Studio. 448 sqft. $50,780. After completing Thrive's standard application and screening process, the leasing team will need to certify that your household income is eligible for the program associated with the home you've selected. In-unit Amenities. Contact Us Address: mars 1. Dog & Cat Friendly Fitness Center Dishwasher Refrigerator Kitchen In Unit Washer & Dryer Walk-In Closets Clubhouse Balcony. Now is a good time to look for new rental opportunities because many landlords are offering incentives. 2021-2023 MFTE Program Work Plan Owners/developers applying to participate in the MFTE program must commit to implement an Affirmative Marketing Plan. By supporting mixed-income residential development in the urban centers, the MFTE program ensures affordabilty as the community grows. These rent-restricted units are available only to tenants who earn less than a certain percentage of the areas median income. For new buildings, SHAs Owner Liaison will reach out to set up time to discuss the HCV program and set up a pre-inspection of your units; Housing Counselors will share information about your rentals with our voucher holders. $1,410 517ft2 - (Seattle) $2,085 mar 2 2-Bedroom MFTE Home Available For Immediate Move In! 34,885 new units of housing were created, 21% of which were designated as affordable. Subscribe to receive emails or SMS/text messages from Commerce or to access subscriber preferences. The mission of the Office of Housing (OH) is to create strong, healthy communities, prevent displacement and increase opportunities for people of all income levels to live in Seattle. . mars 1. Learn more about the MFTE Program at STAZIONE25 in Seattle, WA. Inquire, Apply, Get Up To 6 Weeks Free! In order to qualify for the MFTE incentive, the applicant must commit to 20% of the project meeting the affordable housing definition in Shoreline Municipal Code (SMC) Chapter 3.27.020. There is a select number of homes in this property that are part of this program. Unit mix and definitions. endobj As a result, regular monitoring is important to identify noncompliance, whether by mistake or intent. 694 defines Shoreline's current MFTE program and replaces all previous MFTE programs. ONE MONTH FREE RENT! In addition, tenants in affordable units should be required to recertify their income on a regular basis. Between 2007 and 2018, 424 developments throughout Washington State received MFTE exemption. 1-3 Beds. Contact us|Sign up for our newsletter MFTE's unique iterations over time are commonly referred to as Programs 1 through 6. you are in the lower half of Seattle, income-wise. As with any incentive, regularly reviewing performance and adjusting the program as needed is essential. Privacy Policy First, some context for readers who may be unaware: The median household income (called usually the AMI, area median income) in Seattle is currently -- astonishingly -- $80,000.Which means if you have two earners at 40 hours a week earning less than $20 an hour, or a single person earning less than $39 an hour (!) These homes are available to low to moderate income households, with specific income requirements dependent on the size of the household and the number of . To qualify for MFTE, you will need to verify that your household income falls within income eligibility limits which currently range from 40% 90% of Seattles area median income (AMI). This can be challenging in the city of Seattle, especially for families earning moderate to low incomes. You can email Brandon Thomas, general manager of Bridges @ 11th, with your questions. Secretary of State 1 Person. In 2021, significant changes were made to the program, find a summary at this link. The MFTE is only on the ad valorem value of improvements; the land value continues to be taxed. Projects that have already applied for the 12-year program are eligible for a no-fee application to the 20-year program. Ineligible applicants may not rent the income restricted unit. There is a select number of homes in this property that are part of this program. 2 0 obj Credits. This entry was posted in Financially Fit, Life Events and Changes, Whole U Program Information. email Brandon Thomas, general manager of Bridges @ 11, priority access rentals and affordable housing website, Financial Literacy Month events and resources, Exploring housing options for older adults, Creating community in the dead of night: Meet Eric Yerxa, 50/15/5: A Saving and Spending Rule of Thumb. Initially established in 2002, the MFTE program was simplified into one comprehensive 12-year affordable program on February 9, 2015. Property managersmust: Refer to Compliance Manual and Compliance Reference above for more detail on income certification procedures. Studio and 1 bedroom units must be affordable to those earning 70% of the King County AMI; and. 2021-23 creating a City Multifamily Property Tax Exemption (MFTE) program.. CONNECT WITH US. 1 0 obj Resident Login Opens in a new tab Applicant Login Opens in a new tab. As a result, these units will rent quickly, and often to those households that are bestinformed about the MFTE program. MFTE applicants can have a maximum income of $49,400 for a single household, or $56,450 a two-person household. When that goes into effect, you may still qualify depending on what your raise is and what the income . Income Guidelines . Capitol Hill: "It's one of the quirkiest, hippest and most happening neighborhoods in Seattle, chock full of some of the best restaurants, cafes, breweries, and bars in the city". . These homes are available to low to moderate income households, with specific income requirements dependent on the size of the household and the number of bedrooms. $2,085 2br - 892ft2 - (Seattle) $1,302 mar 2 South Facing MFTE Studio! 2802 candleberry court charlotte, nc (021) 462 1660 ; commercial coin operated dart board info@orah.ie Rainier Valley Affordable Homeownership Initiative, resources on their rights and responsibilities here, Special Outreach for Affirmative Marketing, Community-based Organizations for Affirmative Marketing, MFTE Distribution, Comparability and Bedroom Criteria, MFTE Director's Rule - MFTE Unit Distribution in Towers, 700 5th Ave, Suite 5700, Seattle, WA, 98104, Incentive zoning compliance for property managers, Read Seattle laws for renters and landlords. In these areas, approved multifamily projects are exempt from ad valorem property taxes for a period of eight or 12 years, per RCW 84.14. 700 Fifth Avenue, Suite 5700 | PO Box 94725 | Seattle, WA 98124-4725 | 206-684-0721 | housing@seattle.gov | seattle.gov/housing Renter's Guide to the City of Seattle's Multifamily Tax Exemption Incentive Zoning and Mandatory Housing Affordability Programs . For example, Bridges @ 11th is currently waiving the application fee and security deposit. Affordable unit rents should be below market, but not so low that tax exemption is not a sufficient incentive. MFTE Seattle Find modern rent-reduced apartments in Seattle through the Multifamily Tax Exemption program. MFTE programs serve to encourage a greater diversity of housing types, including rehabilitating existing housing and redeveloping vacant and underutilized properties. . Household Income must be 2.5 x amount of rent. The program authorizes 8, 12 and 20-year property tax exemptions to encourage the development of multifamily housing. The jurisdiction will have to weigh these arguments with their individual priorities. This website is unaffiliated with the City of Seattle. RCW 84.14.100 requires Commerce to develop guidance for local governments, and to develop and Disabled. Visit the citys website to compare your household income with the current MFTE income and rent limits. To apply for a Conditional or Final Certificate of Property Tax Exemption, please use the following forms: Please enable JavaScript in your browser for a better user experience. MFTE Seattle is intended to help people find safe and comfortable rent-reduced housing. Cosigner Rental Criteria: A Cosigner will be approved if allthe below qualifications are met. Once complete, the property will certify the income of the household to determine program eligibility. Businesses making retail sales in Washington collect sales tax from their customer. Please refer to the following documents for more information on affirmative marketing and how to comply with these requirements. (Page last updated 6/12/2019). The MFTE program provides affordable rent, typically hundreds of dollars lower . Email: Housing@seattle.gov, Sign up for the latest updates from Housing. Additional information about current income restrictions and about the MFTE program can be found on the City of Seattle's website here . The Multifamily Property Tax Exemption (MFTE) Program provides a tax exemptionon eligible multifamily housing in exchange for income- and rent-restricted units. Housing supported by the Office of Housing is income- and rent- (or sales price) restricted to ensure that it is occupied by and affordable to eligible households. The Seattle City Council adopted MFTE in 1998 and reauthorized the program, with amendments, five times since then. View 28 pictures of the 16 units for UW 5246 Brooklyn AVE NE, Seattle - 002-MFTE Apartments - Seattle, WA | Zillow, as well as Zestimates and nearby comps. Prospective residents will complete the propertys standard rental screening process. The City of Seattles MFTE Compliance Guideprovides a nice example of an effort to keep property managers informed of MFTE obligations. This property participates in the City of Seattle Multifamily Property Tax Exemption (MFTE) Program. The Occupancy Specialist assists in the preparation and delivery of affordable housing files for the property to ensure on-going affordable housing program (s) compliance and adherence according to local and state operations policies. Housing and Human Services Coordinator Initial Applications for new Multifamily Housing projects must be submitted to the Office of Housing at least 180 days prior to the temporary certificate of occupancy. PO Box 94725, Seattle, WA , 98124-4725 Program Index Find modern rent-reduced apartments in Seattle through the Multifamily Tax Exemption program. Up to two properties from Seattle Senior Housing Program, if eligible (please note: Applicants age 62 or older are not limited to these properties and may apply for properties in any program) Do not use this application to apply for Special Portfolio . For 2 Bedroom - 85% Median Income. An urban center must contain: (a) Several existing or previous, or both, business establishments that may include but are not limited to shops, offices, banks, restaurants, governmental agencies; (b) Adequate public facilities including streets, sidewalks, lighting, transit, domestic water, and sanitary sewer systems; and (c) A mixture of uses and activities that may include housing, recreation, and cultural activities in association with either commercial or office, or both, use. (RCW 84.14.010). By supporting mixed-income residential development in the urban centers, the MFTE program ensures affordabilty as the community grows. These homes are open to all prospective residents that meet the propertys rental screening criteria and are determined to be income eligible for the MFTE program. The MFTE, amended and renewed last October, provides a property tax exemption . On November 9, City Council approved Ordinance No. Questions regarding Affirmative Marketing requirements should be directed to Joy Hunt (joy.hunt2@seattle.gov) at 206-684-0262. These homes are available to low to moderate income households, with specific income requirements dependent on the size of the household . Promoting Washington, Business.wa.gov 1 Month Free. If your preferred property does not have MFTE units available, ask if they have an MFTE wait pool or contact list. Phone Number (206) 806-7992. . If you qualify, your rental rates will be capped based upon your household income and the type of unit you rent. These kinds of issues affirm the need for cities to develop clear goals and intended purposes when establishing incentives like MFTE, to help provide guidance when challenges arise as the market changes.