MFTE compliance reporting
Seattle Mun. Code § 5.73.100
in effect5.73.100 - MFTE compliance reporting
A. At such times as may be required by the Director, but no less than annually for the duration of the compliance period, the owner or qualified non-profit organization, as applicable, shall file a report, including supporting documentation, with the Office of Housing, verified upon oath or affirmation, which shall contain such information as the Director may deem needed to document compliance with the MFTE agreement and this Chapter 5.73 and to estimate the costs and benefits to the public of the property's tax exemption.
1. For multifamily rental housing, the compliance report shall include:
a. A statement of gross housing costs, including contract rent, the estimate of tenant paid utilities, and any other required fees not included in the rent for each unit (restricted and unrestricted);
b. Occupancy rates for each unit (MFTE units and unrestricted units) and, for MFTE units, initial and most recent lease start dates and move-out dates;
c. A certification that total net rentable floor area of the multifamily housing has not changed since the date of the Final Certificate;
d. A description of any improvements or modifications to the multifamily housing since the date of the Final Certificate or most recent annual compliance report, as applicable;
e. For each MFTE unit, the annual income and household size of each eligible household, verified consistent with Section 5.73.105; and
f. Any other information required by the Director to comply with City and State reporting obligations.
2. For permanently affordable homes, the qualified non-profit organization shall submit a report documenting compliance of each MFTE unit and eligible household with the requirements according to subsection 5.73.040.C.
B. The owner or qualified non-profit organization shall submit a complete annual compliance report. The annual compliance report shall be filed with the Office of Housing by January 31 of the calendar year immediately following the date of the Final Certificate and each year thereafter for each year the property tax exemption was granted.
C. Failure to submit complete and accurate reports by required deadlines may result in cancellation of the tax exemption according to Section 5.73.110.
(Ord. 127316, § 2, 2025; Ord. 126443, § 5, 2021; Ord. 125932, § 11, 2019; Ord. 124877, § 10, 2015; Ord. 122730, § 9, 2008; Ord. 121415, § 1, 2004.)
Source: City of Seattle, Seattle Municipal Code and City Charter (Municode Library, library.municode.com)URL: https://library.municode.com/wa/seattle/codes/municipal_code?nodeId=TIT5REFITA_SUBTITLE_IITA_CH5.73MUHOPRTAEXPR_5.73.100MFCOREFetched: 11/1/2026