Bill
Bill > SB1521
summary
Introduced
02/02/2026
02/02/2026
In Committee
02/18/2026
02/18/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Legislative Measures
Bill Summary
The statement includes a measure digest written in compliance with applicable readability standards. Digest: This Act makes Portland-area cities and counties make up the usual costs to a builder when making the builder add low-cost homes. (Flesch Readability Score: 61.4). Prohibits cities and counties within the Portland MSA from enforcing requirements that devel- opers provide affordable units in multiunit dwellings unless the city or county first calculates the developers’ average expected losses due to providing affordable housing and the city or county off- sets those losses. Becomes operative for rental housing on January 1, 2028. Becomes operative for all housing on January 1, 2029.
AI Summary
This bill requires cities and counties within the Portland Metropolitan Statistical Area (MSA), which includes Columbia, Clackamas, Multnomah, Washington, and Yamhill Counties, to calculate the average expected financial losses developers would incur when building affordable housing, defined as housing affordable to households earning 80% of the area median income or less, or housing with income restrictions. Before enforcing any requirement for developers to include affordable units in multi-unit housing (structures with 10 or more dwelling units), these local governments must offer developers offsets for those calculated losses, such as cash payments, property tax exemptions, or fee waivers. This measure becomes effective for rental housing on January 1, 2028, and for all housing on January 1, 2029, and also modifies existing laws related to affordable housing programs and construction taxes to align with these new requirements.
Committee Categories
Housing and Urban Affairs
Sponsors (0)
No sponsors listed
Last Action
Third reading. Carried by Pham. Passed. Ayes, 21; Nays, 6--Girod, Hayden, Robinson, Smith DB, Starr, Thatcher; Excused, 3--Drazan, Linthicum, Sollman. (on 02/20/2026)
Official Document
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