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Wenatchee council approves two 12‑year multifamily tax exemptions with affordable-unit requirements
Summary
The City Council adopted two resolutions authorizing 12‑year limited property tax exemptions for proposed multifamily projects at 1021 Walla Walla Ave (125 units, 25 affordable units) and 1323 Fifth St (20 units, 4 affordable units).
The Wenatchee City Council approved two conditional multifamily tax exemption agreements that require developers to reserve a portion of units for low‑ to moderate‑income households.
City planning staff presented the applications for 1021 Walla Walla Ave LLC and Fifth Street 20 LLC. The council adopted Resolution No. 2025‑20 authorizing a 12‑year exemption for a…
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