At 3ZERO3 Apartments, we offer the Multifamily Tax Exemption (MFTE) and Mandatory Housing Affordability (MHA) programs, aimed at providing affordable, high-quality housing in Seattle. A select number of apartments are available through these programs, with eligibility based on household size, income limits, and bedroom count. Interested parties should meet the property's rental criteria and verify income eligibility for MFTE and MHA benefits. The application process involves standard rental screening, followed by income certification to confirm eligibility. Qualified applicants will enjoy reduced rents for a set period, while those exceeding income thresholds may not lease these restricted units.
Households must meet specific income limits which are outlined below. After the application, our team will send you important verification documents that we require your utmost attention to in order to efficiently move through the approval process.
Limits | 1 Person | 2 Persons | 3 Persons | 4 Persons | 5 Persons | 6 Persons |
---|---|---|---|---|---|---|
40% MFTE/MHA | $42,160 | $48,200 | $54,240 | $60,280 | $65,120 | $69,960 |
60% MHA | $63,240 | $72,300 | $81,360 | $90,420 | $97,680 | $104,940 |
75% MFTE | $79,050 | $90,375 | $101,700 | $113,025 | $122,100 | $131,175 |
85% MFTE | $89,590 | $102,425 | $115,260 | $128,095 | $138,380 | $148,665 |