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Council expands multifamily tax-exemption boundary to include 10-acre site slated for 222-unit development
Summary
The Vancouver City Council unanimously approved expanding a multifamily tax exemption (MFTE) target area to include a 10-acre site at 190 Second Avenue and Southeast 15th Street that was recently rezoned to R22; a site-specific MFTE application from the developer is expected later.
Vancouver City Council unanimously approved on Feb. 3 a boundary expansion to the city’s multifamily tax exemption (MFTE) target area that adds a 10‑acre site at 190 Second Avenue and Southeast 15th Street to the Mill Plain target area.
Bridal Monroe, identified at the hearing as associate housing coordinator with Economic Prosperity and Housing, explained the purpose of the MFTE program: to encourage private multifamily housing, accommodate population growth and locate housing near jobs, shopping, entertainment and transit. Monroe told council the subject site was recently rezoned from single‑family (R‑6) to multifamily (R‑22), which allows a maximum density of 22 units per acre.
Monroe said the site has a future development plan for a 222‑unit apartment complex, which would be the maximum density under the R‑22 zoning, and that the development plan has been shared with surrounding neighbors and is subject to covenants required as part of the rezone.
If the boundary expansion is approved by council—action taken at this meeting—the developer will return with a site‑specific MFTE program application for council consideration. Council moved to approve the boundary expansion (motion recorded on the transcript and seconded by Councilor Paulson, with Councilor Perez recorded as the seconder in the roll call exchange) and then approved the item by roll call vote. The roll call in the meeting transcript recorded Council members Harless, Perez, Fox, Paulson, Stober, Hansen and Mayor McInerney Ogle as voting aye; the motion passed unanimously.
Councilors did not request additional financial details about the project at the hearing. Staff indicated the site’s prior single‑family zoning was the reason it was excluded from the initial Mill Plain target area and that the rezoning made it eligible for MFTE consideration now.
