Up for Growth Releases Portland Development Calculator

Smart Growth advocacy organization Up for Growth released an affordability calculator for the city of Portland, which shows the impacts of various proposed and enacted city policies on development costs and rent prices. The calculator is interactive, allowing the user to see the effects of one or multiple policies on rent and IRR. Up for Growth also includes a white paper on the methodology behind the calculator, which was developed in partnership with local public and private stakeholders. Among the tools is a sliding scale showing the potential impacts of inclusionary zoning, based on the percentage of affordable units required. Mike Kingsella of Up for Growth hopes the tool will help the city better calibrate its policies, and help stakeholders engage with the city.