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Option 1: Build On-Site at 80% MFI | Inclusionary Housing

A minimum of 15%* of the units must be affordable at 80% MFI, except within the Central City and Gateway Plan Districts, where 20% of the units must be affordable.

Eligible Alternative Scenarios

Reconfiguration

Reconfiguration allows for buildings, using Option 1 or 2, to alter the minimum number of units required under Inclusionary Housing by providing larger type units than the minimum requirement. Reconfiguration is calculated after first determining the minimum number of required IH Units and the required unit mix based on the plans submitted. If the plans change, the unit mix needs to be reassessed and the reconfiguration recalculated as well. The building will still provide the same number of bedrooms that are required from the Option chosen. 

For more information please read the On-Site Options, Reconfiguration section in our FAQ.

On-Site Consolidation

For projects with multiple buildings on one contiguous site, IH Unit requirements can be transferred from one building (“Transferring Building”) to another building on the same site (“Consolidated Building”).

For more information please read the On-Site Options, On-Site Consolidation section in our FAQ.


Incentives

Central City Plan District (20% of units)

  • 10-year property tax exemption on IH Unuts 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 determines)
  • Density/FAR bonus as detailed in Title 33 (Planning & Zoning determines)
  • SDC exemptions on affordable IH Homeownership Units

Gateway Plan District (20% of units) & All Other Areas (15% of units) *

  • 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 determines)
  • Density/FAR bonus as detailed in Title 33 (Planning & Zoning determines) SDC exemptions on affordable IH Homeownership Units

You can find the applications for the IH Incentives here.

*Applies to applications filed through December 2020


Key Requirements

  • At 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


Notes: PHB staff calculate the minimum number of required affordable units.