The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Monday, February 4, 2019
Majority of Portland City Council Is Against URM Placards
The majority of current Portland City Council members is now against the placarding requirement for URM buildings. According to the Portland Tribune, Commissioners Eudaly and Fish, who were absent during the original vote on the policy, have recently expressed their opposition to it. Fish stated, "I do not support placards, or any new mandate, until we have an agreement on a comprehensive solution to the problem. And that has to include incentives to help offset the costs for small property owners." Mayor Wheeler still stands by his decision to require the placards. Read more.