The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Thursday, December 8, 2016
Opinion: Providing Enough Benefits to Builders Is Crucial for Inclusionary Zoning to Work
In an opinion in the Oregonian, Dan Bertolet, senior researcher at Sightline Institute, encourages the City of Portland to make sure they are planning to provide enough incentives to builders in their inclusionary zoning plan. He emphasizes that poorly constructed inclusionary zoning requirements exacerbate issues of affordability by discouraging investment in new developments. Decreasing risks to investors and allowing them to make a return are crucial to ensuring that new units will continue to be built. Read more.