Relating to local requirements to develop affordable housing.
Effective date, January 1, 2027.
Summary
The law stops cities and counties in the Portland metro area from requiring new multi‑unit projects to include affordable units unless they first calculate the developer’s expected loss and provide an equal offset. Developers may also pay an in‑lieu fee instead of building the units. The rule applies to projects of 10 or more units (20+ in most cases) and takes effect for rentals in 2028 and for all housing in 2029.
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