Information
An applicant has two options to fulfill the Transportation Demand Management (TDM) requirement under 33.266.410; a Custom TDM Plan (land use review) or a Pre-Approved TDM Plan (an administrative process).
The general components of the the Pre-Approved TDM Plan include the following:
- Multimodal financial incentives: A one-time Multimodal Incentive Fee, equivalent in value to an annual TriMet pass per dwelling unit (see Transportation Fee Schedule for current rates). The money is held in a City account during construction, and then used for multimodal incentives for building tenants at occupancy. Multimodal incentives could include: Bike-share membership or ride credits, TriMet passes (or value on a TriMet Hop pass), Streetcar passes, Car share incentives, or Carpool incentives.
- Transportation options information: provided by PBOT and distributed to tenants for the first four years of building occupancy.
- Annual transportation survey: administered by PBOT, with property management assistance, of building tenants for first four years of building occupancy.
More Info on Pre-Approved TDM Plan Process:
- Rate of Multimodal financial incentives: Per code these are based on the rate of an annual TriMet pass
- Affordable Rate Units: $308 per unit
- Market Rate Units: $1,100 per unit
- Definition of Unit Types:
- Affordable Rate Units: Dwelling units that qualify for the affordable unit multimodal incentive fee rate are dwelling units in a development that are regulated as affordable by an affordability covenant or regulatory agreement, for a period of at least 60 years following the date of construction of the residential housing, with the Portland Housing Bureau.
- Market Rate Units: All dwelling units within a development that are not subject to a recorded covenant or regulatory agreement with regard to tenant incomes or unit rents.
- Payment Timing: The default payment option is at the time (or just prior to) the building is issued at the Bureau of Development Services.