Affordable Housing Info
Is Inclusionary Zoining Enough?
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,
Is Affordable Housing to Blame?
PHB Planned Projects
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.
New Reach Construction
Hillsboro: Orghards at Orenco, Phase III 52 apartments - completion date August 2018
Family size units, close to amenities and
Tri-Met light rail.