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Published on Friday, January 12, 2018

Bill would provide multifamily tax exemption for unincorporated UGAs

HB 2607 by Rep. Morgan Irwin (R-Enumclaw) would extend the authority for a multifamily property tax exemption to the unincorporated Urban Growth Areas (UGAs) of counties “seeking to promote transit supportive densities and efficient land use proximate to transit corridors…” In the past, some cities have expressed concerns about the ramifications of providing this tool to counties because it would create an incentive for denser development outside of cities, and could create a negative competition for the type of development most appropriately suited to cities.

The bill is scheduled for public hearing in the House Environment Committee at 1:30 pm on Tuesday, January 16. Please let Carl Schroeder know if you have concerns about this proposal.

Categories: Housing