This week we take a closer look at the zip code of 97266 in Southeast Portland. This area covers parts of the Powellhurst-Gilbert and Pleasant Valley neighborhoods as well as all of Lents. Located in outer Southeast Portland, this area has seen rapid price growth in recent years - the Median Home Price increased by nearly a third from 2016 to today. As closer-in neighborhoods have become unaffordable for many, the less expensive neighborhoods of outer east Portland (and the surrounding suburbs) have become more desirable, especially for first-time home buyers. Read More
Earlier this month, the Oregon House introduced the Homeownership and Housing Opportunity Bill (HB 3349). This bill strengthens homeownership opportunities for Oregonians by phasing out mortgage interest deductions for the top five percent and reinvesting those funds. Read More
Oregon House speaker, Rep. Tina Kotek (D-Portland) is drafting legislation that would signal the end of single-family zoning across the state in cities with a population of 10,000 or more.
This means that property owners would be allowed to build additional units or buildings on a property that is currently zoned for a single home. Read More
A new report from City Club of Portland argues that the city needs more commissioners
Since 1913, Portland has operated under a commissioner model of government and is the only major US city that still uses this model. Read More