iain Profile picture
17 Oct, 9 tweets, 3 min read
This ad makes it seem like Ted Wheeler has been responsible for the construction of over 1,300 units of affordable housing.

The number built to-date with city financing is... zero.
The full O quote is "Wheeler has delivered in other ways, including overseeing the buildout of affordable housing units with bond dollars authorized by Portlanders in 2016. Despite the pandemic, the city is on track to exceed the 1,300 units it promised." oregonlive.com/opinion/2020/1…
That's accurate, but note that the Oregonian a) gave credit to the voters, who passed the housing bond before Wheeler took office and b) doesn't place "delivered" and "buildout" in the same clause.
So where does the claim that the city is on track to exceed 1,300 units come from?

Likely the Housing Bureau, which lists 12 projects that are in some stage of development. portlandoregon.gov/phb/article/74…
The first 263 units on the lists are the Ellington, an existing housing complex that was bought by the city. The purchase was announced before Wheeler took office. oregonlive.com/portland/2016/…
Another 51 units are in a new building on E Burnside, which was built with private money and intended to be market rate housing. The city bought it late in its construction. oregonlive.com/portland/2018/…
The remaining 1,110 units are in some stage of development, but none have broken ground.
Building housing is *tough* and affordable housing especially so. I have friends that are working on some of these developments, and I know they're working hard to get them built.

But it's misleading for Wheeler to make it seem like these have been built.
This is an important point. Because the City can now leverage other sources of financing, we should expect our bond dollars to ultimately build a *lot* more than just the 1,300 units originally promised.

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More from @maccoinnich

6 Jan
Portland City Council will soon be taking up the Residential Infill Project.

Opponents will make the argument that new construction can never be priced lower than existing housing.

This is not true. Here are some examples, from the parts of the city where these are legal.
Read 7 tweets

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