Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
| State: | Washington |
| Effected Jurisdiction: | City of Vancouver |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2022 |
| Program name: | Multifamily Tax Exemption |
| Program purpose: | Affordable Housing |
| Statutory authority: | Washington State RCW 84.14 and Vancouver Municipal Code Chapter 3.22 |
| Abating jurisdiction(s): | City of Vancouver |
| Applicable taxes: | Property Tax |
| Method of abatement: | Tax Exemption |
| Provisions for recapture: | Non-compliance may result in the cancellation of the exemption. |
| Gross revenue loss: | $967,702 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $967,702 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://www.cityofvancouver.us/wp-content/uploads/2023/09/COV-ACFR-12-31... |
