Oregon SB1521 Signed: Portland-Area Cities Must Offset Developer Affordable Housing Losses
Oregon Governor signed SB1521 on March 31, 2026, prohibiting cities and counties within the Portland metro area from enforcing requirements that developers provide affordable units in multi-unit dwellings unless they first calculate the developers’ average expected losses and offset those losses. The law becomes operative for rental housing January 1, 2028, and for all housing types January 1, 2029 — a significant shift in how affordable housing mandates affect residential construction economics in the Portland metro area that developers and contractors should be closely tracking.
Source: LegiScan Read the full story: https://legiscan.com/OR/bill/SB1521/2026