Income Limited Housing/MFTE Program
Elara
at the Market is proud to participate in the Seattle Multifamily Property Tax
Exemption (MFTE) program to provide rent-restricted homes to those with limited
incomes. The maximum allowable income is determined by the City, expressed as a
percentage of Area Median Income (%AMI). For more information on the MFTE
program please click here to
visit the Seattle Office of Housing Website.
You may qualify for
an income limited home if your household income is at or below the following
limits*:
|
Percent of Area Median Income
|
|
Family Size
|
65% Studio
|
75% 1 Bedroom
|
85% 2 Bedroom
|
|
1
|
$62,330
|
$71,930
|
N/A
|
|
2
|
$71,240
|
$82,200
|
$93,160
|
|
3
|
$80,150
|
$92,480
|
$104,810
|
|
4
|
$89,050
|
$102,750
|
$116,450
|
|
5
|
$96,170
|
$110,970
|
$125,770
|
|
6
|
$103,300
|
$119,190
|
$135,080
|
Contact our leasing office for pricing and to learn more.
Call: 206-222-9106
*NOTE: AMI subject to change