This week: The Portland City Council puts off for another year a vote on seismic retrofit requirements; The National Multifamily Housing Council reports that over 30 percent of the cost of multifamily development is due to governmental regulation; and the Oregonian editorial board questions whether Metro's plan to place a $652 million affordable housing bond on the November ballot is enough to make a difference in the housing crisis.
This week: After holding off for several months, the City of Portland begins spending money from the affordable housing bond; Metro receives requests from four cities in Oregon to expand the urban growth boundary, and cities across the country begin to see the impacts of the national housing shortage.
This week: The Portland City Council took an initial vote to allow taller buildings in Portland's Chinatown; Tacoma appears on track to overtake Spokane as the Washington state's second largest city, and the CEO of Seattle-based real estate website Redfin blames restrictive zoning laws for the country's housing affordability crisis.
In this week's special edition, HFO partner Greg Frick discusses the Portland apartment market with economic and housing analyst Joe Cortright of City Observatory.
Cortright argues that Portland is disincentivizing construction -- exactly the opposite of what is needed to create affordable housing.
This week: Oregon primaries result in a political shift to the left; affordable housing developers face funding shortfall due to federal tax cuts; and Seattle passes a tax on large businesses to fund affordable housing programs, despite threats from Amazon.
This week: The Portland City Council heard public testimony on proposed requirements for seismic retrofits of the city's unreinforced masonry buildings; City commissioner Chloe Eudaly plans to call for new tenants screening rules and the multifamily housing council posts a review and synthesis of the inefficiencies of rent control policies.
This week: Portland's latest data on rent increases; a public hearing takes place Wednesday, May 9th on the City's proposed unreinforced masonry plan, and the City will hold two public hearings on its controversial residential infill plan.
This week: Housing activists in Seattle push for increased density in inner-city neighborhoods; Willamette week releases its endorsements for the May primary, and Portland Mayor Ted Wheeler will ask the City Council to halt spending of the $258 million affordable housing levy approved by voters in November of 2016 until next January.
This week: the latest apartment survey indicates vacancy rates are on the rise in Portland but remain among the lowest in the country; baby boomers and millennials both want to live in walkable, close-in urban neighborhoods. After ten years of planning, this year will see the groundbreaking for the $70 million Rockwood Rising project in Gresham.
This week:Seattle has passed a law requiring landlords to separate rent and parking fees, allowing renters to opt-out of paying for parking; the Sherwood City Council wants Metro to expand its urban growth boundary by adding 373 acres south of Sherwood High School and a study by CityLab indicates housing scarcity and affordability are more global than local in nature.
This week: A recent third-party study of Portland's proposed Residential Infill Project concludes it will reduce demolitions and increase housing; A Washington State Judge rules that Seattle's law requiring landlords to accept tenants on a "first-come-first-served" basis violates the state constitution; Oregon sees the return of middle-wage jobs.
This Week: Candidates to replace Dan Saltzman on Portland's city council are profiled; regional government announces plans to develop affordable housing on the SW corridor ahead of new MAX line construction; proposed building height increases in Portland's old town comes up for a council vote on Wednesday.
The City of Portland apparently plans to move forward with an ordinance requiring seismic upgrades to hundreds of Portland apartment buildings without funding assistance in place. The group Save Portland Buildings argues such a plan will result in the reduction of affordable housing stock through demolition due to the cost to owners. A group spokeswoman discusses how the process has worked -- or not -- thus far. The ordinance comes up for a vote in April.
This week: The Portland City Council weighs whether to support a 10-year tax abatement to improve the results of its inclusionary housing program; Portland ties in 9th place with Boston and Nashville in a list of the best markets in the country for commercial property investments and -- if somehow you missed it -- there was new reporting on a potential damage from a future major quake off the coast of Oregon.
This week: the City of Portland expands rental relocation assistance fees to owners of even one rental u nit, and makes the fees permanent; Washington State's legislature passes a law prohibiting landlords from discriminating against tenants with section 8 vouchers; the Portland City Council rejects 300 apartments in the Pearl District and rejected construction of 2,617 additional housing at RiverPlace that would have added 500 units of affordable housing.
Last week: The Portland City Council heard hours of testimony, mostly from renters, on a proposal to make Portland's renter relocation fee permanent while expanding it to all landlords of one unit or more. The City will also consider whether to begin a landlord registration system as discussion is expected to continue this week; Metro plans a $1.7 billion affordable housing bond measure for November's ballot.
This week: Seattle follows Portland's lead in the effort to require seismic retrofits for unreinforced masonry buildings; local developers come out against proposed inclusionary zoning rules for condo developments; the potential for a democratic supermajority in the Oregon legislature begins to take shape--can rent control be far behind?
This week: the Portland Bureau of Planning and Sustainability released a 12-month study of Portland's Inclusionary Housing requirement, recommending that the city modify the policy; the Portland Business Journal ranked the top 35 elementary schools in Oregon and SW Washington; and developers of low-income housing are trying to make up for funding shortfalls resulting from the corporate tax cut.
This week: Jobs are up in Oregon and employment gains are expected across all industries in 2018; more than 3,500 people responded to the City of Portland's call for comments on the Residential Infill Project; Metro is planning for two upcoming bond measures for affordable housing and transportation projects.
This week: Portland mayor Ted Wheeler will introduce incentives next month in an attempt to offset the stagnant response to Portland's year-old inclusionary zoning requirement; Oregon companies go on a hiring spree; and apartment rents increased again last year with west coast cites leading the pack.