Portland’s South Waterfront was supposed to have affordable housing, but promises were broken while tax dollars flowed in.
What happened to affordable housing on South Waterfront? Tax dollars and Portland Development Commission money has gone to the area’s developers, but not a single unit of affordable housing has been built.
Developer preferences, the recession, and constantly changing plans have contributed to the stalling of the project.
PDC leaders say they did their best while pressured by City Hall and developers to get other South Waterfront projects built. “Had this been a normal transaction, our policies would have been followed to a T,” said Bruce Warner, executive director.
But housing advocates remain frustrated with the city’s empty lots and empty promises. More than 6,000 households are seeking low-income housing in the region, according to the Housing Authority of Portland.
Read more at the Oregonian.
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