Oregon § 307.858 Project certification requirements

Oregon Statutes

§ 307.858 — Project certification requirements

Oregon § 307.858

Vol.8

Title 29Revenue and Taxation

Ch. 307Property Subject to Taxation; Exemptions

This text of Oregon § 307.858 (Project certification requirements) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 307.858 (2026).

Text

(1)A city or county may not certify a vertical housing development project under ORS 307.857 unless the project meets all requirements of this section.

(2)The project must be entirely located within a vertical housing development zone designated by the city or county with which the application for certification is filed.

(3)The project must have and maintain an exemption multiplier of at least 1.0 as computed under ORS 307.857 (4)(b) or (c).

(4)Construction or rehabilitation must have been started on each building included in the project, including, but not limited to, additions that expand or enlarge an existing building.

(5)(a) At least 50 percent of the project’s ground floor that fronts on the primary public street must be committed to nonresidential use. If a project has access to

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(1) A city or county may not certify a vertical housing development project under ORS 307.857 unless the project meets all requirements of this section.
(2) The project must be entirely located within a vertical housing development zone designated by the city or county with which the application for certification is filed.
(3) The project must have and maintain an exemption multiplier of at least 1.0 as computed under ORS 307.857 (4)(b) or (c).
(4) Construction or rehabilitation must have been started on each building included in the project, including, but not limited to, additions that expand or enlarge an existing building.
(5)(a) At least 50 percent of the project’s ground floor that fronts on the primary public street must be committed to nonresidential use. If a project has access to only one public street, the square footage of driveways, loading docks, bike storage, garbage receptacles and building entryways shall be excluded before applying the 50 percent test.
(b) For the project’s ground floor to be considered committed to nonresidential use, all ground floor interior spaces that front on the primary public street must be constructed to building code standards for commercial use or planned for commercial use upon completion.