ML council passes tax credit resolution
Last updated 1/16/2020 at 9:34am
MEDICAL LAKE — The City Council got to work at its first meeting of the new decade with some newly elected members, and approving a slew of contracts and a tax credit resolution for future consideration.
The biggest issue on the council’s agenda was the approval of a non-binding resolution of intent related to a tax credit earmarked specifically for affordable and supportive housing assistance.
The credit is the outcome of a 2019 legislative bill created to address the issue of affordable housing across the state.
Funding comes from existing sales taxes already collected, and doesn’t...