According to recent 2018 housing trends, the rising costs per square foot and building fees are making apartment developers take pause. Tenants have to ask, " will a few 8-25
low cost units included in some new construction projects provide the 23,000+ units actually needed for pre-displaced renters and houseless persons living well below the median incomes?" Read: Apartment Construction is Drying Up,
The Portland Housing Bureau lists 73 planned inclusionary zoning/low income apartment units within eight multifamily construction projects since February 1, 2017. Given that it takes at least two - three years to complete a project, renters may wonder how long will it take city officials to realize that inclusionary zoning is more of a pipe-dream Vs a solution to our affordable housing crisis. See PHB' s planned project map.
Hillsboro: Orghards at Orenco, Phase III 52 apartments - completion date August 2018
Family size units, close to amenities and
Tri-Met light rail.