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Changes to the City's TOD Tax Exemption Program

This report Planning Commission’s recommendations to City Council r on changes  to City’s Transit-Supportive Residential or Mixed-Use Development (TOD) tax exemption program.

The City’s Transit-Oriented Development (TOD) tax exemption program provides an incentive for new multifamily and mixed-use development to support the regional light rail system and other forms of public transit. It is currently available in light rail station areas along the east-west MAX line, the Hollywood and Lents Town Centers, the Gateway Regional Center, and a portion of Northwest Portland.

The Planning Commission recommends to expanding the TOD program boundaries to cover the Interstate and planned I-205 light rail station areas and three Main Streets with frequent bus service. Changes are also recommended to update the program’s public benefit requirements and review process.

  City's TOD Tax Exemption Program Changes (763 kb), Oct 2006
  Planning Commission's TOD Recommendations (763 kb), Oct 2006

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