MFTE HOMES

Ovation is pleased to participate in the City of Seattle's MFTE program 6, with select homes available at restricted rents for income eligible households.

Contact Us to Learn More

Current Pricing

Studio / 1 Bathroom (60% AMI)
Rental Price at $1,326
Max Annual Gross Income of Household w/ 1 person = $ 53,070
Max Annual Gross Income of Household w/ 2 person = $ 60,650

1 Bedroom / 1 Bathroom (70% AMI)
Rental Price Starting at $1,608
Max Annual Gross Income of Household w/ 1 person = $ 61,910
Max Annual Gross Income of Household w/ 2 person = $ 70,750

2 Bedroom / 2 Bathroom (85% AMI)
Rental Price at $2,375
Max Annual Gross Income of Household w/ 2 person = $ 85,920 
Max Annual Gross Income of Household w/ 3 person = $ 96,660 
Max Annual Gross Income of Household w/ 4 person = $ 107,400
  

Current Leasing Specials

WHAT IS THE MULTIFAMILY PROPERTY TAX EXEMPTION
(MFTE) PROGRAM?

The MFTE Program is designated to provide affordable housing in Seattle for income-eligible households. 

 

Contact us for more information