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by Tim Gruver, The Center Square | May 19, 2021 08:30 AM Print this article
A bill on its way to Gov. Kate Brown could help Oregon close its housing gap by letting cities and counties build denser neighborhoods, housing advocates say.
Oregon s housing crisis has been a perennial problem for homebuyers. The Oregon League of Cities reports the state underproduced 155,000 housing units since 2015, which many blame for increasing home prices.
According to real estate site Zillow, average home prices in Oregon are $424,517, or 13.2% higher than 2020. In Portland, homes go for $526,626 on average. About 34% higher than the U.S. average of $281,370.
Senate Bill 458 would build on the state s efforts to help cities and counties to encourage more diverse housing construction beyond single-family homes with one kitchen, unshared walls, and unshared utilities. The process, also known as upzoning, is promoted by housing advocates to expand competition by expan
MEDFORD, Ore. – If everything goes as planned, hundreds of apartments will be available in downtown Medford.
The owners of Inn at the Commons are in the process of selling to a Portland company that plans to build an apartment complex right on Riverside using some of the existing infrastructures.
For over seven years, the inn was owned by the Neuman Hotel Group, which is owned by local couple Doug and Becky Neuman. The couple owns several area hotels, from Ashland Springs to Ashland Hills, but is moving on from their only downtown Medford property.
The Neumans said they were approached at a time just after the fires and it was “such a new idea that we didn’t really know what was going to happen.” But as they learned more about the opportunity, it made sense.