The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
Build Your Legacy with HFO.
Tuesday, February 27, 2018
Portland City Council to Discuss Rental Registration System, Relocation Fee Law
The Daily Journal of Commerce reports that Portland's City Council will consider on Wednesday whether to allocate $400,000 to create a citywide rental registration system. This decision will be part of the council's efforts to make the city's relocation fee ordinance permanent. Earlier this month, two members of the Rental Services Commission resigned after Mayor Wheeler came out in support of ending the exemption for landlords who own just a single rental unit. A rental registration system would require landlords to provide policymakers with data on rents, evictions, and vacancies, which would impact decisions on future housing regulations. Professor Gerard Mildner of Portland State University warns that the registration system appears to be the first step toward implementing rent control. Read more. Note: Subscription required.