The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Thursday, December 14, 2017
Experts & Legislators Discuss Statewide Housing Shortage at Oregon Leadership Summit
State Representative Alissa Keny-Guyer discussed housing as a statewide issue while serving as a panelist at the Oregon Leadership Summit on December 4th. She emphasized the state's responsibility to treat housing as a core responsibility like transportation, education, and health care. Kelly Ritz of Stone Bridge Homes NW explained why a goal of building 30,000 new homes per year is unrealistic, citing a shortage of skilled construction workers, rising system development charges, and processing delays. Keny-Guyer also discussed proposals on the table for this year's short legislative session, including a proposal to increase the real estate transaction recording fee to $75 in order to raise funds for housing services and production. Read more.
Labels:
#construction,
#development,
#housingshortage,
#multifamily,
#oregon,
#Portland
Location: Portland, Ore.
Portland, OR, USA
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