providing safer and more affordable housing options. Renters in Wenatchee, WA may soon have some relief with a new $3 million award from the Department of Commerce to plan for increasing middle housing options
The city has been awarding an eight-year tax exemption for all new housing construction for about a decade in an effort to offset a chronic housing shortage.
A bill in the Washington House is proposing the creation of a new property tax category of 4% on property valued at over $5 million.
Proponents of House Bill 1628 (HB 1628) say wealthy people who sell property valued at over $5 million can afford to pay the additional tax rate...