Income-Restricted MFte UnIts

Columbia City Studios is proud to offer 25% of its homes as affordable housing units through Seattle’s Multifamily Tax Exemption (MFTE) program to make high-quality housing more attainable in our community.

what is the MFTE program?

The Multifamily Property Tax Exemption (MFTE) Program provides a tax exemption on eligible multifamily housing in exchange for income- and rent-restricted units. By supporting mixed-income development in the urban centers, the MFTE program ensures affordability as communities grows.

For additional details about the MFTE program, we encourage you to visit the Seattle Office of Housing website or view the MFTE income and rent limits. Please note that Columbia City Studios participates in Program 6.

How do I Qualify?

To qualify for the MFTE program, your household’s income must fall within certain limits, which vary based on the size of your household and the size of the apartment. After completing Guide's standard application and screening process, our leasing team will need to certify that your household income is eligible for the program associated with the home you've selected.

FY 2025 Income limits (P6: 50% AMI)

  • Minimum Income: $40,824

    Maximum Income: $48,289

    Max MFTE Studio Rent: $1,207

  • Minimum Income: $40,824

    Maximum Income: $55,191

    Max MFTE Studio Rent: $1,207

  • Minimum Income: $40,824

    Maximum Income: $62,093

    Max MFTE Studio Rent: $1,207

  • Minimum Income: $40,824

    Maximum Income: $68,984

    Max MFTE Studio Rent: $1,207

What do MFTE units at Columbia City Studios Look Like?

The MFTE program has high standards for comparability between MFTE and market-rate units which means that the MFTE units at Columbia City Studios look just like any other unit.

These are the floor plans for our MFTE-designated units.

Studio apartment floor plan for Columbia City Studios, showing a layout with a bathroom, kitchen, dining area, and bedroom space, covering 253-259 square feet. Listed unit numbers and a note for MFTE units included.
Studio apartment floor plan from Columbia City Studios, labeled as Floor Plan 0.02, size 250-272 square feet, featuring a bed, kitchenette, toilet, sink, and shower. Listed unit numbers include B03*, B08*, 105, 201, 204*, 205, 210, 215, 218*, 301*, 3
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Studio apartment floor plan for Columbia City Studios, 292-301 square feet, units B07, 104, 209, 309, 409*, 509. Layout includes kitchen, bathroom, and living area with bed. *MFTE unit noted.
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Studio apartment floor plan for Columbia City Studios, labeled 'Floor Plan 0.07' featuring 255 square feet. The layout includes a living area with a bed, kitchenette, bathroom, and dining table.
Studio apartment floor plan, labeled "Columbia City Studios," featuring a bed, small kitchen with sink and stove, bathroom with tub, toilet, and sink, and living area. Total size is 299 square feet, identified as "Floor Plan 0.08.B" with unit numbers

How do I Learn More about MFTE Apartments at Columbia City Studios ?

The MFTE process may seem a bit confusing at first, but our leasing team is here to help! If you think you may qualify for the program and want to learn more about MFTE apartments at Columbia City Studios, please reach out today, we’d love to hear from you!