Portland Multifamily Market Is Strong, But Inclusionary Zoning Might Be A Headwind
February 3, 2017

Portland Multifamily Market Is Strong, But Inclusionary Zoning Might Be A Headwind

The good news these days for the Portland multifamily market is that people really want to live here and are still coming, according to the speakers at our recent Portland Multifamily & Affordable Housing event. But zoning changes and the ever-increasing cost of construction are making it tough to develop new product.

The No. 1 topic of discussion was Portland's new inclusionary zoning, which the city council passed unanimously in December. The policy requires developments with 20 or more units to set aside 20% of those units for households making less than…

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