Sept. 15 was a briefing, not a vote. Tenant testimony already asked Portland to drop the relocation rent-increase trigger from 10% to 5%. PHB is running a 2026 policy evaluation. Here is what the ordinance still costs, what the Bureau actually said, and how owners get on the official record before the next Housing and Permitting Committee meeting.

PHB’s social housing study is no longer a preview. The August 31 report tells Council to pilot building conversions, evaluate TOPA, buy property with the $17.5 million already set aside, and tighten rental enforcement — while admitting a standalone limited-profit program does not pencil on current funds. Here is the landlord read.