2019 TIF Report
The 2019 report presents a historical summary of all TIF Spending and affordable units developed by various URAs using set aside funding. This report complements the PHB State of Housing Report which contain more comprehensive information on PHB housing activities, including projects and programs that utilize non-TIF resources, such as federal funds, indirect subsidies, and other rental and homeownership programs.
Urban Renewal Areas
Adopted in 2006 by Portland City Council, the TIF Set Aside is designed to ensure a consistent and predictable level of funding for affordable housing, dedicating a percentage of tax increment money in urban renewal areas (URAs) to develop, preserve and rehabilitate affordable housing for individuals and families earning 80% MFI or less.
