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ActivePlanning ProjectPP 23-0006

PP 23-0006: Vertical Housing Development Zone Pilot Project

As established under Oregon Revised Statutes 307.841 to 307.867 , vertical housing tax exemptions provide a partial tax exemption on building improvement value for mixed-use developments that include housing with non-residential use on the

Project updates

  1. Status updates

    08/04/2023

    The Planning Commission will receive an update at their meeting on Monday, August 14, 2023, to receive background information on vertical housing tax exemptions and a briefing on the potential VHDZ pilot program in order to provide context on housing production strategies that are currently being contemplated by the City.


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Pursuant to the City Council goal to, “Support business investment and job creation in Lake Oswego,” and the initiative to, “Ensure the North Anchor redevelopment stays on track,” staff is working to develop a Vertical Housing Development Zone (VHDZ) pilot program as a gap funding strategy to help implement the North Anchor Project in downtown Lake Oswego.

Planning Commission Update – 8/14/2023

The Planning Commission will receive an update at their meeting on Monday, August 14, 2023, to receive background information on vertical housing tax exemptions and a briefing on the potential VHDZ pilot program in order to provide context on housing production strategies that are currently being contemplated by the City.


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Location

380 A Ave Lake Oswego, See map: Google Maps

Project Contact

Erik Olson Long Range Planning Manager,(503) 697-6524 or [email protected]

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Reviewing Body

Links