« Return to search form

Tax Break Tracker Individual Entry

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.

Effected JurisdictionClark County
Jurisdiction type: County
Fiscal year ending In2022
Program nameMultifamily 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 taxesProperty 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 dislosureThe 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 sourcehttps://clark.wa.gov/sites/default/files/media/document/2023-08/Annual%2...