Medium PriorityTaxes Budgetopen
PSTEP Property Tax Relief Program Expansion
Summary
The budget doubles PSTEP funding from $300K to $600K and extends the application deadline to June 30. A resident pushed for guardrails — income caps and residency requirements — to target the money to long-time residents who need it most.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed May 14, 2026.
Impact analysis
💰Financial impact
Funding doubles to $600,000 in FY27.
✅Who benefits
Portland taxpayers who qualify for the property tax credit, with more time to apply.
Mentions & discussions (1)
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