What is floor area ratio and how to calculate it?
housing.com
What is floor area ratio and how to calculate it?
Read about Floor Area Ratio (FAR) or Floor Space Index (FSI). Find out about what is FAR in real estate and how to calculate it.
Oct 20, 2023
Floor area ratio Architecture
Here are the incentives private developers get in Portland: TAX ABATEMENTS - Multiple-Unit Property Tax Exemption (MUPTE), Non-Profit Low-Income Rental Housing Property Tax Exemption, Vertical Housing Development Zone (VHFZ), Transit-Oriented Development (TOD) Property Tax Abatement ZONING BONUSES AND REGULATORY INCENTIVES - Includionary Zoning, Density Bonuses, Floor Area Ratio (FAR) Bonuses, Reduced Parking Minimums or Parking Exemptions PUBLIC SUBSIDIES - Low-Income Housing Tax Credit (LIHTC)
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Here are the incentives private developers get in Portland: TAX ABATEMENTS - Multiple-Unit Property Tax Exemption (MUPTE), Non-Profit Low-Income Rental Housing Property Tax Exemption, Vertical Housing Development Zone (VHFZ), Transit-Oriented Development (TOD) Property Tax Abatement ZONING BONUSES AND REGULATORY INCENTIVES - Includionary Zoning, Density Bonuses, Floor Area Ratio (FAR) Bonuses, Reduced Parking Minimums or Parking Exemptions PUBLIC SUBSIDIES - Low-Income Housing Tax Credit (LIHTC)
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✅How To Calculate Floor Area Ratio (FAR) 📌1. **Determine the Total Floor Area**: 📌2. **Calculate the Gross Floor Area** 📌3. **Determine the Lot Area** 📌4. **Calculate the FAR**: Divide the Gross Floor Area by the Lot Area. ◼️**FAR = Gross Floor Area / Lot Area** The result will be a ratio or decimal value. For example, if the Gross Floor Area is 10,000 square feet and the Lot Area is 5,000 square feet, the FAR would be: ◼️**FAR = 10,000 sq ft / 5,000 sq ft = 2.0** This means that the total f
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✅How To Calculate Floor Area Ratio (FAR) 📌1. **Determine the Total Floor Area**: 📌2. **Calculate the Gross Floor Area** 📌3. **Determine the Lot Area** 📌4. **Calculate the FAR**: Divide the Gross Floor Area by the Lot Area. ◼️**FAR = Gross Floor Area / Lot Area** The result will be a ratio or decimal value. For example, if the Gross Floor Area is 10,000 square feet and the Lot Area is 5,000 square feet, the FAR would be: ◼️**FAR = 10,000 sq ft / 5,000 sq ft = 2.0** This means that the total f
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