Monday, March 19, 2018
City Observatory: Educating Portland Council on Housing Economics 101
"... to make up for the displacement effect of NOT building [275-unit] Fremont Place, Portland is going to have to come up with something like 130 units of affordable housing. Those are currently running in the range of $300K (and up), so that’s like $40 million worth of affordable housing you would have to build to offset the displacement from not building Fremont Place." Read more.