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This ultimately comes down to two questions. Would these housing units have been built if MTFE did not exist? Did MTFE change the housing types and floorplans to be more conducive to affordable housing? (More than 2BR/2BA) The actual rents verses taxes can be re-balanced. My guess two the two questions is YES and NO.

From: Olympia City Council hears different views about Multifamily Tax Exemption program proposed updates

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