Finance Committee

Portland City Council Finance Committee 06/16/25

The Portland City Council Finance Committee convened on June 16, 2025, to discuss a significant amendment to the city code involving a temporary exemption to the System Development Charges for residential housing projects. The proposed ordinance aims to stimulate housing production by reducing financial barriers for developers, which is crucial amid the city’s ongoing housing crisis. The meeting featured a detailed presentation by city officials, outlining the rationale and expected impacts of the ordinance, followed by public testimony. Various stakeholders, including developers and architects, expressed strong support, highlighting the potential for increased housing production and economic benefits. The committee members discussed the specifics of the ordinance, focusing on its implementation and the strategic timing of its effect. Two key votes were taken: one to amend the effective date of the ordinance, making it effective 30 days post-adoption, and another to refer the amended ordinance to the full council for final consideration. Both motions passed unanimously. The meeting underscored the city’s proactive approach to addressing housing shortages through legislative changes and set the stage for further action by the full council.

Key Points

  • Introduction of a temporary exemption to the System Development Charges for residential housing projects
  • Discussion on the potential impacts of the proposed ordinance on housing production and city infrastructure
  • Public testimony from various stakeholders including developers, architects, and community members supporting the ordinance

Watch Full Meeting

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Votes

PASSED
Amend the effective date of the ordinance to be 30 days after its adoption by the City Council, removing the specific date of October 1st
5 for, 0 against
Motion: Amendment to Section J, 2A2 of the proposed code
PASSED
Refer the amended ordinance to the full council for final approval
5 for, 0 against
Motion: Ordinance amendment referral to full council

Action Items

  • Prepare for the full council meeting where the ordinance will be further discussed and potentially finalized
  • Continue discussions on other measures to improve housing production in Portland