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Spokane council tightens multifamily tax-exempt policy to emphasize homeownership
Summary
Council President Wilkerson said the Spokane City Council updated its policy on multifamily tax-exempt properties, linking the change to the "Home Starts Here" ordinance after constituent input aimed at promoting homeownership opportunities.
Council President Wilkerson said the Spokane City Council updated its policy on multifamily tax-exempt properties to ensure the tax exemption program "leads to true homeownership and opportunities" in the city.
The council made the change after hearing from constituents, Wilkerson said, and referenced feedback gathered during community roundtables on homelessness and in one-on-one meetings. Wilkerson thanked residents who attended the meeting to share perspectives on the "Home Starts Here" ordinance.
The revision is intended to align the multifamily tax exemption program with the goals described in the Home Starts Here ordinance, Wilkerson said. The council did not provide specific changes to qualifying criteria, dollar figures, or implementation timelines in the remarks recorded in the meeting transcript.
Council President Wilkerson did not specify a vote tally or mover and seconder in the portion of the transcript that reported the policy update; meeting materials or minutes may include formal motion language and vote records.
The council's next regular meeting is July 14, Wilkerson said.
