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January 14, 2025
SEATTLE — The Seattle City Council is set to hold a public hearing Feb. 4 on a proposed sales and use tax deferral program for owners of some commercial properties seeking to convert their buildings into housing.
In December, the City Council voted to approve a resolution stating its intent to enact the program, with the goal of encouraging development of more market rate and affordable housing and employment opportunities in targeted urban areas including downtown.
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