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Regulatory Option 5: Reconfiguration

2018-10-09 18:49:33| PortlandOnline

Within Options 1 and 2, applicants can provide an alternative mix of affordable units based on the total number of bedrooms required with the option chosen.

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Regulatory Option 4: Designate Existing Units

2018-10-09 18:35:49| PortlandOnline

Applicants can elect to designate affordable units in an existing building (receiving site), separate from the multifamily building subject to the program requirements (sending site).

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Regulatory Option 3: Build Off-Site

2018-10-09 18:31:24| PortlandOnline

Applicants can elect to build affordable units off-site in another new building (receiving site), separate from the multifamily building that is subject to the program requirements (sending site).

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Regulatory Option 2: 60% MFI

2018-10-09 18:23:32| PortlandOnline

Applicants can elect to make 10% of units affordable at 60% MFI in buildings within the Central City and Gateway Plan Districts, or 8% of units for buildings in all other areas.

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Regulatory Option 1: 80% MFI

2018-10-09 18:07:14| PortlandOnline

In buildings with 20 or more units, 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.

Tags: option regulatory mfi

 

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