Some people are concerned that allowing more housing types will lead to the demolition of single-family homes occupied by renters. Citywide, only 20 percent of single-family homes are occupied by renters; 80 percent are occupied by homeowners. Also, the share of renters in single-family homes has decreased over time. On the other hand, 80 percent of duplexes and triplexes are occupied by renters. To the extent that the proposed changes increase the supply of duplexes and triplexes, both rental and ownership, increased housing supply and housing choice could relieve rent increase and home price pressures.
Broader economic forces and housing market trends have contributed to displacement of lower-income residents in Portland and in cities across the country, regardless of this project. However, the project evaluated the potential displacement impacts that vulnerable communities could experience and proposed strategies to mitigate those impacts, consistent with policy objectives in the 2035 Comprehensive Plan. Areas that were identified as home to the highest concentrations of communities vulnerable to displacement – considering race/ethnicity, education level, housing tenure and income – were removed from the proposed ‘a’ overlay in order to avoid potential displacement in the short term caused by redevelopment. If/when mitigation programs are developed and funded, those areas could be added into the overlay. Staff has presented ideas for programmatic support for both renters and homeowners in Section 5 of the Proposed Draft Staff Report and Map Amendments.