Audit Report: Inclusionary Housing: Housing Bureau should …

May 15, 2024 · The Inclusionary Housing Program requires developers to include affordable homes in some new buildings. We examined the Program and if it helped property owners …

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Portland Program That Requires Developers Build Affordable …

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May 15, 2024 · The report also finds the program isn’t using funds collected through the Inclusionary Housing program as promised. The city has collected more than $5 million in fees …

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Portland's Low Income Housing Program Fails To Help Indended …

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May 15, 2024 · The report focused on the Inclusionary Housing program, ... As the audit explained, “Bureau managers said that by requiring the private market to build 60% and 80% …

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Portland Auditor - Audit Report - Inclusionary Housing - 2024

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May 15, 2024 · While positive, these are not the Portlanders facing the greatest economic disparities. Twenty-two percent of Portland households had incomes of less than $35,000 in …

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FAQs about Audit Report: Inclusionary Housing: Housing Bureau should … Coupon?

What is Portland's inclusionary housing program?

On Wednesday, the Portland city auditor’s office released an investigation of Portland’s inclusionary housing program, the affordability mandate that applies to new buildings of 20 or more homes. The audit makes some good arguments and some confusing arguments. ...

How many inclusionary housing programs are there?

Of the 273 inclusionary housing programs for which information on program characteristics was gathered, over 70 percent were developed after 2000, and 71 percent of programs applied to the entire jurisdiction. The most common program type was mandatory, and policies applied to both rental and for-sale development in 61 percent of programs. ...

What should a City's inclusionary housing program include?

Every inclusionary housing program should consider how much of a city’s affordable housing needs developers should be expected to meet. Typically, cities establish this basic requirement as a percentage of units or square footage area of each development that must be set aside to be rented or sold at affordable prices on site. ...

Do inclusionary housing programs serve higher income levels?

While inclusionary housing programs often serve higher income levels than many federal housing programs, the placement of affordable housing in opportunity-rich neighborhoods is a meaningful outcome of well-designed inclusionary housing programs (Schwartz et al. 2012). ...

Do inclusionary housing policies require affordability controls?

Out of over 300 inclusionary housing programs, the study found that 80 percent of inclusionary housing policies that apply to rental and about 75 percent that apply to owner-occupied housing required at least 30-year affordability controls. ...

Are inclusionary housing programs promoting socioeconomic integration?

According to this directory, inclusionary housing programs are heavily concentrated in three states: New Jersey, California, and Massachusetts, accounting for nearly 80 percent of all programs. Studies do support that inclusionary programs achieve the goal of promoting socioeconomic integration. ...