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NEWS: In Gentrifying Neighborhoods, He’s Lowering Rents
Ascent Housing, led by Mark Ethridge, focuses on maintaining affordable housing in gentrifying areas by offering modest returns to investors, aiming to keep rents low for residents. The company purchases attractive properties, intentionally restricting rent increases to preserve affordability. It has successfully secured funding through the Housing Impact Fund, raising $225 million to maintain 3,500 apartments in Charlotte. By utilizing deed restrictions and local government support, Ascent serves mainly low-income tenants. Ethridge believes that…
NEWS: A low-income housing program is pouring big money into housing many Oregonians can’t afford
The Low-Income Housing Tax Credit, which allocates $15 billion annually to developers for affordable housing, has failed to produce truly affordable units, particularly in Portland. Many subsidized apartments now compete with market rates, leaving almost 2,000 vacant units as rent prices align with those of the general market. Critics argue that the program benefits investors rather than low-income renters and suggest redirecting funds to rental vouchers. Despite this, Congress continues to expand the program,…
NEWS: HB 4037, eliminates public hearings for most housing developments
West Linn will permit public testimony regarding retail aspects of a 320-unit development proposal but not for housing elements. This decision follows Oregon’s HB 4037 law, which restricts public hearings on qualifying housing projects, sparking debate on whether residents should have a voice in neighborhood developments.
NEWS: GIRLS WITH GARDENS
Atlanta has created America’s largest public food forest, spanning seven acres in a former food desert. The initiative allows locals to freely harvest fruits, vegetables, and herbs without any fees or membership. Managed by a nonprofit, it transforms access to fresh produce, enhancing community health and food security for residents.
NEWS: More Than 10% of All Homes Sit Vacant, but Only a Tiny Fraction Are for Sale
A recent report reveals a growing housing affordability crisis in the U.S., highlighting that about 1 in 10 homes—approximately 14.5 million—are vacant, yet fewer than 800,000 are for sale. Maine has the highest vacancy rate at 21%, while Connecticut has the lowest at 7%. Despite a high number of vacancies, opportunities for homebuyers remain limited. Experts suggest that rethinking taxation on frequently vacant properties could help bring some of these homes back into the…
NEWS: The Nimby Con, Daily Kos
The article discusses how the term “NIMBY” (Not In My Backyard) has been weaponized to facilitate the erosion of middle-class homeownership and wealth. The author outlines a coordinated effort by wealthy interests and institutions to manipulate zoning laws, making it easier for corporate entities to acquire residential properties, thereby threatening the primary means of wealth accumulation for the middle class. The text highlights the historical context of wealth transfer, showing how policy decisions have…
NEWS: Is Affordable Housing Really Affordable? (OPB)
A summary of the OPB article by Tony Schick (OPB) June 3, 2026 2 a.m. A low-income housing program is pouring big money into housing many Oregonians can’t afford The federal tax credit provides up to $15 billion in subsidies a year to help developers build apartments. It’s created housing that’s often no more affordable than the market rate. OPB Article Summary (read the complete article from OBP) The June 3, 2026 OPB/ProPublica investigation,…
RISK: Fire Safety, Road Safety, Your Safety
Floral Hill Drive poses significant safety concerns for emergency access, particularly regarding the proposed Floral Hill Terrace development. The narrow, unimproved road hinders timely fire response and evacuation. Recommendations highlight the need for infrastructure improvements to ensure adequate water supply, access for fire crews, and fire-resistant building measures to enhance community safety.
Affordability, Accessibility, Safety
The Floral Hill Terrace development raises critical questions surrounding affordable housing, focusing on its affordability, accessibility, and safety. Based on a Community Land Trust (CLT) model, the development offers reduced upfront costs for first-time buyers but restricts resale value, allowing only limited appreciation. Public transit access is minimal, with essential services far away, threatening accessibility. The area lacks walkability, as daily amenities are not within reach. Safety concerns arise from potential wildfire risks and…
Hurdles Down, Reality Checks Up: How OR HB 4037 Shapes Housing Approvals and Urban Reserves
ADMIN: This article explains some of the new limitations neighborhoods are facing in expressing their concerns over high density housing moving into established neighborhoods and displacing a lot of smaller, older properties that previously represented potential first time buyer homes. Neighborhood Associations that have worked for years to protect the character and value of their neighborhoods have seen their voices taken away and silenced overnight. If this tax-payer subsidized building boom that now removes…
Geotechnical Reports Fall Short
Home demolished in landslide; Developer investigating causeby Gold Meadows & KVAL.com StaffMon, March 31, 2025 at 6:15 PM Updated Tue, April 1, 2025 at 7:50 AM https://kval.com/news/local/home-demolished-in-landslide-developer-investigating-cause ADMIN NOTE: Do you know that there are concerns about the geotechnical reports that have been done for DevNW on the Floral Hill Terrace development? We can’t afford to not have the most current examination of the planned land parcel that 22 buildings will be home for…
Landslide Risk?
Concerns have been raised regarding geotechnical reports for the Floral Hill Terrace development, which aims to house 40 households in 22 buildings. Given the area’s history of landslides, vigilance is crucial. A recent incident in the Moon Mountain community highlights risks associated with inadequate assessments, prompting calls for stricter building protocols.
Outside of the Box: Could Your City Build Its Own Public Option Alternative to Amazon?
The article advocates for the establishment of public options across various sectors to counter monopolies and improve community welfare. Examples include Vienna’s housing model, California’s drug pricing initiatives, and proposals for municipal e-commerce platforms to support local businesses. The author emphasizes that direct government services can provide better value without intermediary profits.
21st Century ROAD to Housing Act
Senator Raphael Warnock’s “Homes are for People, Not Corporations” provision has become law under the 21st Century ROAD to Housing Act, capping corporate ownership of single-family homes. It penalizes violations with fines and aims to protect first-time homebuyers from institutional investors, promoting affordable housing for families and reinvesting fines into communities.
Seeing Houses Sitting Vacant?
Good Reads from Realtor.com “More Than 10% of All Homes Sit Vacant, but Only a Tiny Fraction Are for Sale” By Kiri BlakeleyRealtor.comRead: https://rltor.cm/eGaFCrJuly 9, 2026 Realtor.com Amid a deepening housing affordability crisis, roughly 1 in 10 homes in the country is sitting vacant, concludes a new report. Around 14.5 million houses are empty, according to a new analysis of U.S. Census Bureau data compiled by personal finance site LendingTree. However, only a shockingly low…
- NEWS: In Gentrifying Neighborhoods, He’s Lowering Rents
- NEWS: A low-income housing program is pouring big money into housing many Oregonians can’t afford
- ACTION ALERT/LETTER WRITING NOW: Stop $8.1 Million in Taxpayer Funding for Floral Hill Terrace
- Unanswered Questions for DevNW…
- — A sampling of letters from our supporters in 2026