Snohomish Council rejects tax break on housing for low-income families
SNOHOMISH A divided City Council has ditched a controversial tax policy aimed at encouraging building of new affordable housing in the Midtown district.
Following a nearly 2½ hour hearing Tuesday night, council members voted 4-3 to reject an ordinance offering developers a break on their property taxes for up to 12 years if they construct multi-family housing projects in Midtown, with units set aside for those with low incomes.
The decision effectively ends a monthslong debate on use of the multi-family tax exemption in the district, which runs along a stretch of Avenue D from Sixth Street to roughly Highway 9.
Council Member David Flynn made the motion to drop the ordinance. Council members Donna Ray, Tom Merrill and Lea Anne Burke supported it. Council members Karen Guzak, Felix Neals and Judith Kuleta dissented.
https://www.heraldnet.com/news/snohomish-council-rejects-tax-break-on-housing-for-low-income-families/