It will only work if they make it only for people who work nearby. So much of Portland's economy is urban resort work, low pay retail and restaurant work. If they make the rent 30% of income and target those people, it will be a good thing.
It’s an affordable housing project…I wonder how many of them work (don’t include drug dealing)? The city, nonprofits and County won’t put any limits on where or if they work, if they have cars, if they are actively using drugs. That would be “cruel”….despite the fact that others are paying their rents.
Do you know what happens to affordable housing in Portland? Read this cautionary tale about the Buri Building descending into chaos….
https://www.wweek.com/news/2023/06/07/a-28-million-low-income-apartment-complex-descends-into-chaos-in-just-two-and-a-half-years/
Another few million for the homeless industrial complex while neighbors suffer….lack of parking is just the start of it….
https://www.wweek.com/news/2023/06/07/a-28-million-low-income-apartment-complex-descends-into-chaos-in-just-two-and-a-half-years/
Thankfully there's such ample parking all around Portland already...
LOLOLOLOL
Don’t worry they will all ride bikes all year. Yeah right.
It will only work if they make it only for people who work nearby. So much of Portland's economy is urban resort work, low pay retail and restaurant work. If they make the rent 30% of income and target those people, it will be a good thing.
It’s an affordable housing project…I wonder how many of them work (don’t include drug dealing)? The city, nonprofits and County won’t put any limits on where or if they work, if they have cars, if they are actively using drugs. That would be “cruel”….despite the fact that others are paying their rents.
Yes I am aware that sensible policy will most likely not be used in managing this project.