A revised rezoning plan working its way toward City Council would result in almost twice as many new homes being built in Portland over the next 20 years, according to an economic report released Thursday.
The new homes would also be far less expensive to rent because they would be much smaller, mostly multifamily units, says the report prepared by Portland-based Johnson Economics.
The Residential Infill Project recommendations are currently being considered by the Planning and Sustainability Commission. It will be briefed on the report on Tuesday, Dec. 11, by the Bureau of Planning and Sustainability, which is planning the project. No public testimony will be allowed, which opponents say is unfair.
In recent months, the commission moved to substantially increase the recommended portion of existing single-family neighborhoods to be rezoned for smaller multifamily projects, like duplexes, triplexes and fourplexes.
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