Portland’s Bet on Forcing Developers to Build Affordable Housing Is Getting Lackluster Results
A year ago, Portland City Council enacted “Inclusionary Housing” (IH), a new policy requiring any apartment building of 20 units or more to rent a portion of them below market rates—from 30 to 80 percent of the city’s median family income, depending on the option a developer selects. When the city implemented the policy, detractors […]