Bremerton City Council expands property tax exemption for affordable housing developments
BREMERTON — The Bremerton City Council on Wednesday approved unanimously a plan to expand property tax exemptions for developers who build affordab...
BREMERTON — The Bremerton City Council on Wednesday approved unanimously a plan to expand property tax exemptions for developers who build affordable housing in the city. The city remains "far behind the curve" in attracting affordable housing proposals and is thousands of units short of the number of people who desire to live in Bremerton, City Council President Michael Goodnow said."I look at this as one tool in the toolbox toward solving our housing and homelessness issues," Goodnow said. While beefing up what's known as the city's multifamily property tax exemption program, or MFTE for short, Mayor Greg Wheeler and other City Council members had differing opinions about the best methods of bringing new affordable housing projects to the city.