The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Tuesday, October 4, 2016
The Case for Eliminating Parking Requirements to Lower Housing Costs
The Portland Shoupistas blog wrote about the costs of parking requirements for new developments, and why eliminating these requirements would enable developers to build more affordable housing. The blog encourages residents and officials to make sure the goal of reducing parking requirements is included in the 2035 Comprehensive Plan, which already aims to reduce parking in mixed-use zones that are served by public transit. There will be a City Council hearing on October 6th where interested residents can express opinions on the Comprehensive Plan. Read More.