Revised Code of Washington - RCW Title 84 Property Taxes - Section 84.14.007 Purpose

§ 84.14.007. Purpose

It is the purpose of this chapter to encourage increased residential opportunities, including affordable housing opportunities, in cities that are required to plan or choose to plan under the growth management act within urban centers where the governing authority of the affected city has found there is insufficient housing opportunities, including affordable housing opportunities. It is further the purpose of this chapter to stimulate the construction of new multifamily housing and the rehabilitation of existing vacant and underutilized buildings for multifamily housing in urban centers having insufficient housing opportunities that will increase and improve residential opportunities, including affordable housing opportunities, within these urban centers. To achieve these purposes, this chapter provides for special valuations in residentially deficient urban centers for eligible improvements associated with multiunit housing, which includes affordable housing.

[2007 c 430 § 2; 1995 c 375 § 2.]

Sections:  Previous  84.14.005  84.14.007  84.14.010  84.14.020  84.14.030  84.14.040  84.14.050  84.14.060  84.14.070  84.14.080  84.14.090  84.14.100  84.14.110  84.14.900  Next

Last modified: April 7, 2009