Oregon real gross domestic product

Gross rent includes contract rent and tenant-paid utilities. Rental protections, assistance, and housing supply concern components of rental-market conditions; they do not set Oregon’s median rent. This relationship does not establish causation. Actions after the fact’s measurement period cannot explain its earlier value.

Retained Oregon evidence context: Median gross rent. This record’s connection to the topic does not establish an effect on the measured result.

OREGON LAWS 2023 Chap. 548 CHAPTER 548 AN ACT HB 3442 Relating to land use planning for affordable housing; amending ORS 197.308; and declaring an emergency. Be It Enacted by the People of the State of Oregon: SECTION 1. ORS 197.308, as amended by section 4, chapter 47, Oregon Laws 2022, is amended to read: 197.308. (1) As used in this section, “affordable housing” means residential property: (a) In which: (A) Each unit on the property is made available to own or rent to families with incomes of 80 percent or less of the area median income as determined by the Oregon Housing Stability Council based on information from the United States Department of Housing and Urban Development; or (B) The average of all units on the property is made available to families with incomes of 60 percent or less of the area median income; and (b) Whose affordability is enforceable, including as described in ORS 456.270 to 456.295, for a duration of no less than 30 years. (2) A local government shall allow affordable housing, and may not require a zone change or conditional use permit for affordable housing, if the proposed affordable housing is on property that is: (a) Owned by: (A) A public body, as defined in ORS 174.109; or (B) A nonprofit corporation that is organized as a religious corporation; or (b) Zoned: (A) For commercial uses; (B) To allow religious assembly; or (C) As public lands. (3) Subsection (2) of this section: (a) Does not apply to the development of housing not within an urban growth boundary. (b) Does not trigger any requirement that a local government consider or update an analysis as required by a statewide planning goal relating to economic development. (c) Applies on property zoned to allow for industrial uses only if the property is

Wages and cash benefits can be components of household money income. Census income is measured before taxes, so tax relief alone is not an increase in this statistic; the provision does not determine the statewide median. This relationship does not establish causation. Actions after the fact’s measurement period cannot explain its earlier value.

Retained Oregon evidence context: Median household income. This record’s connection to the topic does not establish an effect on the measured result.

Includes within definition of "public works" project for constructing, reconstructing or performing major renovation of privately owned road, highway, building, structure or improvement that is located in certain economic development zones or for which qualified business firm received or will receive exemption from ad valorem property taxation and has total project cost estimated as equaling or exceeding $25 million.