Oregon Governor Tina Kotek and Portland Mayor Keith Wilson have announced a new initiative to fast-track the development of 5,000 new housing units in Portland by waiving development fees.
Part of Portlands Multifamily Housing Workgroup’s early actions launched earlier this year, the initiative would temporarily waive System Development Charges (SDCs) until 5,000 units are built or three years have passed if the City Council approves it. The temporary waiver of SDCs is critical to move these projects forward.
Governor Kotek said, “Portlanders are impatient for more progress on the city’s housing supply crisis. So am I, and so is the Mayor.”…