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.

November picks the pen that signs the next housing bill. We lined up Governor Kotek’s record — SB 608, the 9.5% cap, homelessness spend, production numbers — against Senator Drazan’s published plan and her no votes on SB 608 and HB 3054. No endorsement. Just the file Oregon landlords have to underwrite.