Affordable housing won’t end homelessness: Portland developer sets the record straight
PORTLAND, Ore. (PORTLAND TRIBUNE) -- Tom Brenneke wants Portland area residents to understand that government-supported affordable housing projects will not end homelessness.
Brenneke is not a conservative anti-tax activist. In fact, he is an affordable housing developer, the president of Guardian Real Estate, which is completing two projects in Portland.
Tiller Terrace is a six-story housing project at 1670 S.W. Alder St. with 214 units, all of which are priced to be affordable to households earning 60% of the area median income.
Slabtown Square is a market-rate project at 2070 N.W. Quimby St. with 200 units, 40 of which are priced to be affordable to households earning 80% of the AMI.
“These projects fill a vital need. They provide housing in the city to low-wage workers. But they will not solve the homeless crisis,” Brenneke told the Portland Tribune during a recent tour of Tiller Terrace.
Read more at PortlandTribune.com.
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