MFTE HOMES
Axle is pleased to participate in the City of Seattle's MFTE program, with select homes available at restricted rents for income eligible households.
Current Pricing
1 Bedroom (75% AMI)
Rental Price Starting at $1,495
Max Annual Gross Income of 1 Person Household = $71,930
Max Annual Gross Income of 2 Person Household = $82,200
2 Bedroom (MFTE-IZ) (80% AMI)
Rental Price Starting at $2,250
Max Annual Gross Income of 2 Person Household = $87,680
Max Annual Gross Income of 3 Person Household = $98,640
Max Annual Gross Income of 4 Person Household = $109,600
2 Bedroom (85% AMI)
Rental Price Starting at $2,250
Max Annual Gross Income of 2 Person Household = $93,160
Max Annual Gross Income of 3 Person Household = $104,810
Max Annual Gross Income of 4 Person Household = $116,450
WHAT IS THE MULTIFAMILY PROPERTY TAX EXEMPTION
(MFTE) PROGRAM?
The MFTE Program is designated to provide affordable housing in Seattle for income-eligible households.