Incentives
Central City Plan District
20% of units
- 10-year property tax exemption on IH Units and the applicable percentage of the residential related square footage.
- For properties with a base or built FAR of 5:1 or greater, this exemption applies to all rental residential units and residential related square footage.
- Affordable Housing Construction Excise Tax (AHCET) exemption on affordable units and applicable percentage of residential related square footage
- Buildings will be exempted from parking requirements as detailed in Title 33 Planning & Zoning
- Density/FAR bonus as detailed in Title 33 Planning & Zoning
- SDC exemptions on affordable IH Homeownership Units
Gateway Plan District & All Other Areas*
20% and 15% of units, respectively
- 10-year property tax exemption on IH Units and applicable percentage of residential related square footage
- Affordable Housing Construction Excise Tax (AHCET) exemption on affordable units and applicable percentage of residential related square footage
- Buildings will be exempt from parking requirements as detailed in Title 33 Planning & Zoning
- Density/FAR bonus as detailed in Title 33 Planning & Zoning
- SDC exemptions on affordable IH Homeownership Units
*Applies to applications filed through December 2021
Key Requirements
Central City Plan District: 20% of units
Gateway Plan District: 20% of units
All other areas*: 15% of units
*Applies to applications filed through December 2021At least 5 percent of the number of affordable units must be built to be Type A as defined in the Oregon Structural Specialty Code.
IH Units must be reasonably equivalent to market rate units with the same bedroom count, as measured in square feet, in the building. For more information see Unit Types & Reasonable Equivalency on our FAQs page.
Note: PHB staff calculate the minimum number of required affordable units.
Eligible Alternative Scenarios
Reconfiguration
The same incentives apply to the reconfigured affordable units as are available for the affordable units in options 1 and 2.
For more information, please read the Reconfiguration FAQ.
On-Site Consolidation
For more information, please read the On-Site Consolidation FAQ.
Start an Intake Form
Follow the link for forms for Inclusionary Housing, as well as applications for other development incentives. These forms are all available on the Inclusionary Housing homepage.