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city of tacoma
File #: RES41657    Version: 1 Name: RES - 12-year MFTE 2502 South Yakima Ave LLC
Type: Resolution Status: Adopted
File created: 3/24/2025 In control: City Council
On agenda: 4/8/2025 Final action: 4/8/2025
Title: A resolution authorizing the execution of a Multi-Family Housing 12-Year Limited Property Tax Exemption Agreement with 2502 South Yakima LLC, for the development of 16 multi-family market and regulated rate rental housing units, located at 2502 Yakima Avenue in the Downtown Regional Growth Center. [Paul Bakker, Business and Economic Development Analyst; Tanja Carter, Director, Community and Economic Development]
Attachments: 1. Resolution No. 41657, 2. City Council Action Memorandum, 3. Agreement, 4. Map, 5. Presentation

Title

A resolution authorizing the execution of a Multi-Family Housing 12-Year Limited Property Tax Exemption Agreement with 2502 South Yakima LLC, for the development of 16 multi-family market and regulated rate rental housing units, located at 2502 Yakima Avenue in the Downtown Regional Growth Center.

[Paul Bakker, Business and Economic Development Analyst;

Tanja Carter, Director, Community and Economic Development]