Chroma SLU is proud to participate in the Multifamily Property Tax Exemption (MFTE) program. The MFTE program provides a tax exemption on new multifamily buildings in exchange for setting aside 20% of the homes as income- and rent-restricted. By supporting mixed-income residential development in the urban centers, the MFTE program ensures affordability as the community grows.
In order to qualify for MFTE homes at Chroma SLU, household income must be below 75% of the area median income for 1 bedrooms and below 85% for 2 bedrooms. For information on current income limits click here.
Please send a completed Resident Eligibility Application to firstname.lastname@example.org within 24 hours of applying in order to qualify.