Applicants can elect to designate IH Units in an existing building (Existing Receiving Building), on a separate site from the multifamily development subject to the IH Program requirements (Sending Building).
Provide 25% of the Sending Building’s total number of residential units, aﬀordable at 60% MFI, in the designated Existing Receiving Building; or
Provide 15% of the Sending Building’s total number of residential units, aﬀordable at 30% MFI, in the designated Existing Receiving Building.
Sending Building retains any FAR/density bonus (varies by zoning code and plan district; see Maximum Base and Bonus Density/FAR table in PCC 33.120); and
Sending Building will be exempt from parking requirements as detailed in PCC33.266.
Receiving Building remains subject to any additional Inclusionary Housing program requirements;
IH Units in Receiving Building must be reasonably equivalent in size, quality and bedroom count to units in Sending Building;
Receiving Building must be identiﬁed and approved by PHB prior to building permit issuance for Sending Building; Receiving Building must be within a one-half mile radius of sending Building, or in an area of equal or higher Combined Opportunity Map Score*;
Aﬀordable units fulﬁlling the Inclusionary Housing requirements in the Receiving Building cannot be supported by any additional PHB subsidy;
PHB staﬀ determines whether Existing Receiving Building is compatible with program requirements (if determined incompatible, applicant must choose another option); and
IH Units must be made available as set forth in the Inclusionary Housing Covenant (“IH Covenant”) or Sending Building subject to ﬁnancial penalty. Receiving Building also subject to IH Covenant but is only subject to financial penalty for its own IH obligation.
*Combined Opportunity Map Scores can be verified on PortlandMaps.com. Search property address and select ‘zoning and districts’ under ‘permits and zoning’.