Portland Apartment Buildings Are Selling Cheap. Is That An Opportunity for Local Governments?

Metro is considering diverting some supportive housing services tax dollars to create more low-income housing. The debate involves buying existing apartment buildings at discounted prices to convert them into affordable units. Metro is exploring this option despite objections from county chairs. The agency is weighing the efficiency of purchasing existing units compared to building new ones.

Which Homes Can You Afford?

Get a list

How Much Is Your Home Worth?

Calculate Now

Continue to full article