City of Tacoma City Council Voting Record 2026-06-23
12-Year Tax Exemption Approved for RKD 708 Project
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Description
The Tacoma City Council approved a 12-year Multi-Family Housing Limited Property Tax Exemption Agreement with RKD 708 LLC for a 12-unit rental housing project at 708 East 35th Street in the McKinley Mixed-Use Center. The agreement grants a long-term property tax incentive in exchange for market and regulated rate rental units.
Contract Details
Vendor
RKD 708 LLC
Agency
Greater Tacoma Regional Convention Center Public Facilities Dist, WA
Contract Type
OTHER
Document Date
June 23, 2026
Contract Term
12-year term
Renewal Info
Multi-Family Housing Limited Property Tax Exemption Agreement is for a fixed 12-year term; renewals are not contemplated in the program structure.
More from RKD 708 LLC
Related Contracts
Issuing Agency
Greater Tacoma Regional Convention Center Public Facilities Dist
Special District
Tacoma, WA
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