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Affordable Commercial Space Bonus Program

The Affordable Commercial Space Bonus Program is a City of Portland initiative aimed at incentivizing the provision of affordable commercial space for renovations and new development projects. The program provides a Floor Area Ratio or Height Bonus to mixed-use and commercial developments in exchange for providing affordable commercial space on-site, or through the Affordable Commercial Space Fund, or a combination of both.

The Bureau of Development Services determines the square feet of space bonus floor area and Prosper Portland administers the program, working with the developer/owner based on their programmatic pathway to deliver affordable commercial space on site of the development or the dollar amount directed to the fund.

Documents

  • Resolution 7277 Adopting Administrative Rules for the Affordable Commercial Space Program

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Contact us

For more information contact act@prosperportland.us