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Portland and the federal government

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6.08.130 Dedication of Revenue.

City Code Section

(Amended by Ordinances 191736 and 191957, effective January 1, 2025.)

  1. A.  Portland Permitting & Development may retain up to four percent of the taxes collected for payment towards the Bureau’s administrative expenses related to collection and distribution of the tax.
  2. B.  For the tax imposed on residential improvements, the net revenues will be distributed as follows:
    1. 1.  15 percent of net revenue will be remitted to the Oregon Department of Housing and Community Services to fund home ownership programs.
    2. 2.  50 percent of net revenue will be transferred to the Portland Housing Bureau Inclusionary Housing Fund to fund finance-based incentives for programs that require affordable housing.
    3. 3.  35 percent of net revenue will be transferred to the Housing Bureau Inclusionary Housing Fund to support the production and preservation of affordable housing units at and below 60 percent median family income. 
  3. C.  For the tax imposed on commercial improvements, 100 percent of net revenue will be distributed to the Housing Bureau Inclusionary Housing Fund to support the production and preservation of affordable housing units at and below 60 percent median family income.

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