City Council was set to vote on proposed URM requirements on May 9th, but the date has been pushed back to Wednesday, June 13th. https://www.portlandoregon.
Among the reasons is the complexity of this issue. Much of the City’s affordable housing is in URM’s that would need upgrades, and it has also been difficult to find incentives to help private URM building owners. Willamette Week recently outlined many of the issues here.