An affordable housing bill in the Oregon legislature might not have much immediate impact in Portland’s gentrifying neighborhoods, according to one housing expert.
Even if it passed tomorrow, a new bill that would allow the city to create affordable housing units in new multi-family developments would have little impact in fast-gentrifying communities. That’s because it the bill doesn’t impact rental housing developments, according to Jessica Larson, director of the Welcome Home Coalition.
House Bill 2564 would allow cities in Oregon to create “inclusionary zoning” laws. Cities could get affordable housing built in new developments by waiving certain fees, permits and building restrictions in exchange for the inclusion of below-market units.
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