The latest news of interest to multifamily housing investors in Oregon and Washington.
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Friday, October 14, 2016
Federal Transit Administration Awards $895,000 Grant to Southwest Corridor
The Portland Tribune reports that the FTA has awarded an $895,000 grant to Metro for the Southwest Corridor project, which includes the Barbur Concept Plan and the Tigard Triangle Plan. A measure on the November 8th ballot will determine the fate of the planned MAX line to connect Tigard, Tualatin, and Portland, which is the central piece of the Southwest Corridor project. The grant is aimed at identifying "housing, workforce, and economic development needs" of residents. Read more.