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: | Clark County |
Jurisdiction type: | County |
Fiscal year ending In: | 2022 |
Program name: | Multifamily Tax Exemption |
Program purpose: | Affordable Housing |
Statutory authority: | RCW 84.14; Chapter 3.22 of the Vancouver Municipal Code |
Abating jurisdiction(s): | City of Vancouver |
Applicable taxes: | Property Tax |
Method of abatement: | Tax abatements |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $425,039 |
Reimbursement / offset: | $0 |
Net revenue loss: | $425,039 |
Type of loss: | Passive |
Additional notes on dislosure: | The State of Washington also administers a tax deferral program under RCW 84.14 that impacts the Clark County and other special purpose district property taxes. |
Document source: | https://clark.wa.gov/sites/default/files/media/document/2023-08/Annual%2... |