Evaluating Tacoma’s MFTE: Economic Impact and Best Practices

Explore Tacoma’s Multifamily Tax Exemption (MFTE) program by analyzing its economic effects on city finances and housing supply. Compare the program with similar initiatives in other cities to uncover best practices. Highlight diverse stakeholder perspectives, including city officials and residents, to balance the debate around its 12-year extension. Examine how affordability metrics are applied and discuss implications for urban planning and sustainable growth. Finally, propose methods for tracking outcomes to ensure the program aligns with development goals and social equity.