Property owners can take a tax credit if they offer affordable housing to low-income renters. But after a certain number of years, they’re free to take an offramp.
PORTLAND, Ore. — Three decades ago, the federal government launched a program that incentivized property owners to provide affordable housing for people with lower incomes. Now, all these years later, some owners have an opportunity to bow out of the program, and many are taking advantage of it.
For low-income renters in the Portland metro area, it’s a terrifying prospect — one that carries the very real risk of leaving them homeless when housing prices and homelessness are
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