Portland’s inclusionary housing rules exempt buildings with fewer than 20 units. For larger buildings, developers must provide a proportional amount of apartments at rents affordable to people who earn less than either 60 percent or 80 percent of the Portland area’s median income, or pay a fee in lieu.
By: Clifford A. Hockley, President Bluestone and Hockley Real Estate Services, Executive Director, SVN | Bluestone and Hockley Most residential... View Article
Apartment developers took out fewer building permits in September, stymied by rising interest rates and construction costs. Apartment building... View Article
Metro believes four suburban Portland cities should be granted urban growth boundary expansions. The regional planning agency’s chief operating officer,... View Article
The Oregon Court of Appeals recently recognized that local jurisdictions cannot use local code to circumvent constitutional protections against the taking... View Article
Owners of unreinforced masonry buildings may be required to place placards on their properties warning tenants and visitors of seismic risk after... View Article
Portland’s apartment-building binge appears to be headed off a cliff. Applications for new housing developments have nearly ground to a... View Article