Posts Tagged ‘affordable housing’

Tweet Portland Mayor Charlie Hales has declared a state of emergency for housing and homelessness in the city. With a vacancy rate of 2.5-3.2%, less than half of that in a healthy housing market, and a 30% increase in rents in that last 5 years, it certainly feels like a state of emergency to everyone from the homeless to the working poor to artists and even to middle class professionals. City Club held the first of a two-part forum on Friday to address the issue of affordable housing. On the panel were Israel Bayer, executive director of Street Roots, Martha…

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Tweet Below is the second half of my interview with Feliciano Vera, partner at Habitat Metro, the development company behind Portland Place, The Oasis Motel redevelopment and now the Lexington Hotel redevelopment.  If you missed the first half, make sure to catch it here! Blooming Rock: How has the economy impacted you? I know Habitat Metro started in 2007 when everything was flying high. How has it changed you? Feliciano Vera: It’s reinforced our discipline in terms of our basic business discipline and our focus on opportunities and work that passes basic economic muster. We have to be able to…

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