ML council passes tax credit resolution

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 involve a...

 

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