MFTE Homes
Income-Restricted Housing
Twenty20 Mad Apartments has a limited number of apartment homes available at below market rents for qualifying individuals and families.
Apartment Size:Studio / 1 Bathroom (65% AMI)
Rental Price Up To $1,870
Max Annual Gross Income of 1 Person Household =$74,815
Max Annual Gross Income of 2 Person Household =$85,540
1 Bedroom / 1 Bathroom (75% AMI)
Rental Price Up To $2,312
Max Annual Gross Income of 1 Person Household =$86,325
Max Annual Gross Income of 2 Person Household =$98,700
2 Bedroom / 2 Bathroom (85% AMI)
Rental Price Up To $3,145
Max Annual Gross Income of 2 Person Household =$111,860
Max Annual Gross Income of 3 Person Household =$125,800
Max Annual Gross Income of 4 Person Household =$139,740
WHAT IS THE MULTIFAMILY PROPERTY TAX EXEMPTION (MFTE) PROGRAM?
The MFTE Program is designed to provide affordable housing in Seattle for income-eligible households.