1221 SW 4th Ave Ste 230, Portland, OR 97204
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on March 09, 2016 at 12:24 PM
Developers can now expect quicker turn times and lower fees as they go through the city's design review process. But the City Council approved the changes on only a temporary basis, and officials say just two projects are in the pipeline through this fall.
The first is an affordable-housing project being developed on city-owned property by Innovative Housing. The 12-story project is at Northwest 14th Avenue and Raleigh Street in the Pearl District. It would include 93 units, 44 of them open to people earning between 0 and 30 percent of median income.
The second project is also on city-owned property in the South Waterfront area, on what's known as RiverPlace Parcel 3. The project -- being developed by BRIDGE Housing and Williams & Dame Development -- would include 162 market-rate units and 203 affordable units. Of the affordable units, 90 would serve people earning between 0 and 30 percent of the median income.
Commissioner Dan Saltzman proposed cutting the city's bureaucratic red tape because the City Council last year declared a housing emergency. He said officials need to try various tweaks to policy to encourage more affordable housing.
"This is one of those tries," he said. "Let's give it a shot."