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•Adopted in 2017 following year long process including <br />economic analysis and expert panel <br />•Applies only to buildings with 20 or more units <br />•Requirements vary by neighborhood market conditions <br />•Developers offered multiple choices to meet requirements <br />through on-site development, off-site, or payment of fee-in- <br />lieu <br />•Developer Incentives include 10 year property tax <br />exemption, CET exemption, and waiver of parking <br />requirements <br />•422 inclusionary housing units have been produced in 65 <br />housing developments <br />6 <br />Portland Inclusionary Housing Program