The latest news of interest to multifamily housing investors in Oregon and Washington.
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Monday, October 24, 2016
Portland Tribune: "How Far Did The City's Housing Efforts Go" Since Declaring Emergency?
The Portland Tribune summarizes accomplishments by the City of Portland since declaring a housing state of emergency a year ago. New city-backed affordable housing units opened: 335. Temporary shelters opened: two (since closed). Multnomah county offset the temporary housing shelters by opening two permanent shelters with 250 beds. The City says that with the $258.4 million affordable housing measure on the Nov. 8 ballot, they have 1,995 units in development. Read more.