Income-Restricted MFte Apartments

Viewland is proud to offer 20% of its homes as affordable housing units through Seattle’s Multifamily Tax Exemption (MFTE) program to make high-quality housing more attainable in our community.

what is the MFTE program?

The Multifamily Property Tax Exemption (MFTE) Program provides a tax exemption on eligible multifamily housing in exchange for income- and rent-restricted units. By supporting mixed-income development in the urban centers, the MFTE program ensures affordability as communities grows.

For additional details about the MFTE program, we encourage you to visit the Seattle Office of Housing website or view the MFTE income and rent limits. Please note that Viewland participates in Program 6.

How do I Qualify?

To qualify for the MFTE program, your household’s income must fall within certain limits, which vary based on the size of your household and the size of the apartment. After completing Guide's standard application and screening process, our leasing team will need to certify that your household income is eligible for the program associated with the home you've selected.

FY 2024 Income Limits

  • Minimum Income: $49,896

    Maximum Income:

    • 1 Person: $55,452

    • 2 People: $63,377

    • 3 People: $71,302

    • 4 People: $79,215

    Max MFTE Studio Rent: $1,386

  • Minimum Income: $58,212

    Maximum Income:

    • 1 Person: $64,694

    • 2 People: $73,940

    • 3 People: $83,186

    • 4 People: $92,418

    Max MFTE 1-Bedroom Rent: $1,732

  • Minimum Income: $70,668

    Maximum Income:

    • 1 Person: $78,557

    • 2 People: $89,784

    • 3 People: $101,012

    • 4 People: $112,222

    Max MFTE 2-Bedroom Rent: $2,525

What do MFTE units at Viewland Look Like?

The MFTE program has high standards for comparability between MFTE and market-rate units which means that the MFTE units at Viewland look just like any other unit.

The MFTE-designated units at Viewland include: two studio units, five open 1-bedroom units, two 1-bedroom units, and one 2-bedroom unit.

How do I Learn More about MFTE Apartments at Viewland?

The MFTE process may seem a bit confusing at first, but our leasing team is here to help! If you think you may qualify for the program and want to learn more about MFTE apartments at Viewland, please reach out today, we’d love to hear from you!