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A. If the city issues tax exemption certificates pursuant to this chapter, the director shall submit the report required by RCW 84.14.100 to the Department of Commerce by December 31st of each year.

B. The director or designee shall review the program established by this chapter and provide a report to the city council describing development activity, types and numbers of units produced and their locations, rent, information regarding the number of low- and moderate-income households benefiting from the program, and other appropriate factors. These reports shall include information from the previous year and may include feedback from owners who have MFTE contracts with the city and whether affordability limits should be changed in certain areas. (Ord. 2358 § 1, 2021).