High Density & Tax Breaks
 Fire, Police, Parks and Schools Suffer

Metro suggests financial incentives as one tool to force high density. Such developments pay LITTLE or NO TAX for TEN YEARS (typical in City of Portland). but still use city services. You and I have to make up the difference or accept less services. Portland has cut back on police services, cut the parks budget and has the shortest school year in the country.

Here are a few low tax properties that I got from browsing city and county web sites. Each has a link to the City of Portland data source (where appropriate) and the tax roles plus an aerial photo. I presume that there are many more.
From Portland City Council Agenda, May 20, 1998:  "*667 Grant a ten-year property tax exemption to Gerding/Edlen Development Company for new multiple-unit housing on the block bounded by SW 17th, 18th, Jefferson and Columbia (Ordinance)" 
This Property Links:
City Council Agenda
Aerial Photo
Tax Record

Tax data from County
We calculated items
in italics

1704 SW JEFFERSON ST 
Real Market value: Assessed  Property tax
$14,000,000.00 $826,900.00 $17,221.45
Rate Exemptions Lost  Taxes 10 yr Tax Loss
0.0208 $12,862,000.00 $267,863 $2,678,630
1704 SW JEFFERSON ST 
$12,862,000.00 Tax Exemption
From Portland City Council Agenda, July 30, 1997: "*1170 Grant a ten-year property tax exemption to Brian McCarl and Company for new multiple-unit housing on the southwest quarter block bounded by NW Everett, Flanders, Fifth and Fourth Avenues (Ordinance)" 
This Property Links:
City Council Agenda
Aerial Photo
Tax Record

Tax data from County
We calculated items
in italics

310 NW 5TH AVE 
Real Market value: Assessed  Property tax
$5,657,900.00 $81,920.00 $1,706.11
Rate Exemptions Lost  Taxes 10 yr Tax Loss
.0208 $5,498,050.00 $114,359 $1,143,590
     310 NW 5TH AVE
$5,498,050.00 Tax Exemption
238 NW 6TH AVE
This Property Links:
Aerial Photo
Tax Record

Tax data from County
(We calculated items
in italics)

238 NW 6TH AVE 
Real Market value: Assessed  Property tax
$2,271,740.00 $0.00 $0.00
Rate Exemptions Lost  Taxes 10 yr Tax Loss
$2,271,740.00
238 NW 6TH AVE
$2,271,740.00Tax Exemption
From Portland City Council Agenda, August 12, 1998: "1179 Grant a ten-year property tax exemption to Hoyt Street Properties, LLC for new multiple-unit housing on the block bounded by NW 11th, 12th, Lovejoy and Kearney Streets (Ordinance)" 
This Property Links:
City Council Agenda
Aerial Photo
Tax Record

Tax data from County
(We calculated items
in italics)

1102 NW LOVEJOY ST 
Real Market value: Assessed  Property tax
$19,000,000.00 $1,396,880.00 $29,092.11
Rate Exemptions Lost  Taxes 10 yr Tax Loss
.0208 $16,850,000.00 $350,925 $3,509,250
1102 NW LOVEJOY ST
$16,850,000.00 Tax Exemption
From Portland City Council Agenda, May 12, 1999: "660 Approve the application of Glisan Housing Partners LLC for a ten-year property tax exemption for a transit-oriented development project that includes 228 units of multifamily housing located near NE 60th Avenue and NE Glisan Street, known as the Center Square and Center Station project (Resolution)" 
This Property Links:
City Council Agenda
Aerial Photo
Tax Record

Tax data from County
(We calculated items
in italics)

5800 NE CENTER COMMONS WAY 
Real Market value: Assessed  Property tax
$9,718,000.00 $0.00 $0.00
Rate Exemptions Lost  Taxes 10 yr Tax Loss
$9,718,000.00
5800 NE CENTER COMMONS WAY
$9,718,000.00 Tax Exemption

(This may be only part of the 228 units)
From Portland City Council Agenda, December 12, 2001: "1410   Approve the application of Max Housing Partners, LLC for a ten-year property  tax exemption for a transit oriented development project located at 5845 NE Hoyt Street known as Center Village  (Resolution) 36042" 
This Property Links:
City Council Agenda
Aerial Photo
Tax Record

Tax data from County
(We calculated items
in italics)

5845 NE Hoyt Street 
Real Market value: Assessed  Property tax
$4,230,430.00 $0.00
Rate Exemptions Lost  Taxes 10 yr Tax Loss
$4,230,430.00
5845 NE Hoyt Street
$4,230,430.00 Tax Exemption
5819 NE GLISAN ST
Market value: Assessed  Property tax Rate Exemptions Lost  Taxes 10 yr Tax Loss
$3,510,000.00 $196,330.00 $0.00 $3,212,250.00
$3,510,000.00 $2,275,940.00 $47,399.88 $0.00
5819 NE GLISAN ST
$3,212,250.00 Tax Exemption
From Portland City Council Agenda, December 19, 2001: *1445    Grant a ten-year property tax exemption to Cascadian Holladay, LLC for new multiple-unit housing on a site at the northwest corner of the intersection of NE 6th Avenue and Holladay Street  (Ordinance) 176140  (531 NE HOLLADAY ST) 
Real Market value: Assessed  Property tax Rate Exemptions
2000 $1,452,960.00 $0.00 $0.00 $1,452,960.00
2001 $2,235,000.00 $1,277,430.00 $26,604.40 .0208 $0.00
531 NE HOLLADAY ST
$1,452,960.00 Tax Exemption
From Portland City Council Agenda, May 28, 1997
*780 Grant a ten-year property tax exemption to the Kehoe Company for new multiple-unit housing at NE 7th Avenue between NE Halsey and Clackamas Streets (Ordinance) 
This Property Links:
City Council Agenda
Aerial Photo
Tax Record

Tax data from County
(We calculated items
in italics)

1425 NE 7TH AVE 
Real Market value: Assessed  Property tax
$9,733,640.00 $1,296,520.00 $24,051.60
Rate Exemptions Lost  Taxes 10 yr Tax Loss
0.019 $8,316,000.00 $154,269.20 $1,542,692.00
1425 NE 7TH AVE
$8,316,000.00 Tax Exemption
This Property Links:
City Council Agenda
Aerial Photo
Tax Record

Tax data from County
(We calculated items
in italics)

920 NW KEARNEY ST 
Real Market value: Assessed  Property tax
$5,063,980.00 $0.00 $0.00
Rate Exemptions Lost  Taxes 10 yr Tax Loss
$5,063,980.00
920 NW KEARNEY ST
$5,063,980.00 Tax Exemption
This Property Links:
City Council Agenda
Aerial Photo
Tax Record

Tax data from County
(We calculated items
in italics)

911 NW IRVING ST/720 NW 10th Ave 
Real Market value: Assessed  Property tax
$2,258,000.00 $454,250.00 $9,460.42
Rate Exemptions Lost  Taxes 10 yr Tax Loss
.0208 $786,120.00 $16,371.00 $163,710.00
911 NW IRVING ST/720 NW 10th Ave
$786,120.00 Tax Exemption
This Property Links:

Aerial Photo
Tax Record

Tax data from County
(We calculated items
in italics)

NEW RUSSELLVILLE; LOT 1; NEW PLAT-1998 (4/98) 
Real Market value: Assessed  Property tax
$9,324,000.00 $1,303,730.00 $24,963.55
Rate Exemptions Lost  Taxes 10 yr Tax Loss
.0191 $7,919,710.00 $151,644.95 $1,516,449.50
NEW RUSSELLVILLE; LOT 1
$7,919,710.00 Tax Exemption
This Property Links:
City Council Agenda
Aerial Photo
Tax Record

Tax data from County
(We calculated items
in italics)

NEW RUSSELLVILLE; LOT 2; NEW PLAT-1998 (4/98) 
Real Market value: Assessed  Property tax
$7,400,000.00 $1,187,490.00 $24,374.53
Rate Exemptions Lost  Taxes 10 yr Tax Loss
.0205 $5,727,270.00 $ 117,558.47 $ 1,175,584.70
NEW RUSSELLVILLE; LOT 2
$5,727,270.00 Tax Exemption
This Property Links:

Aerial Photo
Tax Record

Tax data from County
(We calculated items
in italics)

NEW RUSSELLVILLE; LOT 3; NEW PLAT-1998 (4/98) 
Real Market value: Assessed  Property tax
$4,218,000.00 $718,650.00 $14,751.07
Rate Exemptions Lost  Taxes 10 yr Tax Loss
.0205 $3,230,090.00 $66,301.10 $663,011.00
NEW RUSSELLVILLE; LOT 3 
$3,230,090.00 Tax Exemption
This Property Links:

Aerial Photo
Tax Record

Tax data from County
(We calculated items
in italics)

2025 SW RIVER PKY
Real Market value: Assessed  Property tax
$23,105,870.00 $557,290.00 $11,606.39
Rate Exemptions Lost  Taxes 10 yr Tax Loss
.0208 $22,087,330.00 $460,001.37 $4,600,013.70
2025 SW RIVER PKY
$22,087,330.00 Tax Exemption
This Property Links:
City Council Agenda
Aerial Photo
Tax Record

Tax data from County
(We calculated items
in italics)

0308-0320 SW MONTGOMERY ST
Real Market value: Assessed  Property tax
$21,269,530.00 $4,577,270.00 $95,328.50
Rate Exemptions Lost  Taxes 10 yr Tax Loss
.0208 $13,366,580.00 $278,379.03 $2,783,790.30
0308-0320 SW MONTGOMERY ST
$13,366,580.00 Tax Exemption
This Property Links:
City Council Agenda
Aerial Photo
Tax Record

Tax data from County
(We calculated items
in italics)

2115 SW RIVER PKY
Real Market value: Assessed  Property tax
$20,296,210.00 $1,322,230.00 $27,537.42
Rate Exemptions Lost  Taxes 10 yr Tax Loss
.0208 $18,220,000.00 $378,976.00 $3,789,760.00
2115 SW RIVER PKY
$18,220,000.00 Tax Exemption
From Portland City Council Agenda, April 14, 9991: 477 Approve the application of Cold, Inc. for a ten-year property tax exemption for a transit-Oriented Development project located on NE Clackamas Street between NE 103rd and 104th Avenues, which includes 24 for-sale condominium units, known as the Gateway Condominiums project (Resolution)  Disposition: Resolution No. 35782
One randomly selected unit of many at this address:
This Property Links:
City Council Agenda
Aerial Photo
Tax Record

Tax data from County
(We calculated items
in italics)

10345 NE CLACKAMAS ST, UNIT 22: 
Real Market value: Assessed  Property tax
$61,350.00 $4,360.00 $81.59
Rate Exemptions Lost  Taxes 10 yr Tax Loss
.0013 $56,780.00
10345 NE CLACKAMAS ST, UN 22
One $61,350 condo pays  $81.59 property tax
From Portland City Council Agenda, July 26, 2000 
1128 Grant a ten-year property tax exemption to Innovative Housing, Inc. for new multiple-unit housing on the block bounded by SW Jefferson, Columbia, 12th and 11th Avenues (Second Reading Agenda 1070)  Disposition: Ordinance No. 174744. 
This Property Links:
City Council Agenda
Aerial Photo
Tax Record

Tax data from County
(We calculated items
in italics)

1134 SW JEFFERSON ST, UNIT 202 
Real Market value: Assessed  Property tax
$102,000.00 $11,020.00 $229.50
Rate Exemptions Lost  Taxes 10 yr Tax Loss
$86,700.00
1134 SW JEFFERSON ST, UN 202
One condo in this bldg: $102,000.00 market value pays $229.00 property tax

Notes:

Tax Abatement (Housing): The Limited Property Tax Abatement for New Multiple Unit Rental Housing Program encourages new multi-family rental housing construction by offering a ten-year property tax exemption for a qualifying project. Eligible projects have ten or more permanent rental units, are located within the Central City Plan District or urban renewal areas, and should be approved by the City Council.
From: http://www.portlanddev.org/pdf/projects/inner_ne/mlk/ pages41-44.pdf

637 Establish $150,150 as the maximum price for a newly constructed single family house eligible for limited property tax exemption in a distressed area (Resolution) http://www.ci.portland.or.us/agenda/Agendas/2000/may10.htm

North/Northeast Portland Enterprise Zone Program: http://www.portlanddev.org/programs/ed/ed_ezone.html

*310 Approve application of The Oaks Park Association, a non-profit corporation, for continuation of property tax exemption, with exceptions (Ordinance) http://www.ci.portland.or.us/agenda/Agendas/1998/marc18.htm