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Washougal eyes multi-family tax exemption

Program would provide an economic incentive and increase residential opportunities

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Land owned by East Village Investors LLC, including the Donald and Angeline Stevenson Off Leash Area, located near Bi-Mart, at 3003 Addy St. Washougal, is being marketed for sale or lease. A proposed Town Center Core and East Village district is envisioned to have a mixture of higher density housing and retail contained within low-rise buildings. The Washougal City Council is considering a property tax exemption program for developers of mixed use, multi-family residential housing.

The Washougal City Council is considering a property tax exemption program for developers of mixed use, multi-family residential housing.

The purpose would be to stimulate the construction of new multi-family housing and rehabilitation of existing vacant and under-utilized buildings for multi-family housing in urban centers. They could be condominiums or apartments, located above offices or retail or commercial businesses.

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