The first hearing for the City of Portland’s Inclusionary Housing Zoning Code Project took place at city council today and biking and walking advocates showed up to support the proposal and urge council to pass it.
As we’ve reported for years now, there’s a clear intersection between affordable housing policy and cycling: The most bike-friendly neighborhoods are also the ones where we’ve seen tremendous market pressure exerted — and many of them are now unaffordable to many low and even middle-income Portlanders. And according to the National Household Travel Survey, low-income households drive much less than those with high-incomes.
One way to make neighborhoods more affordable is to require developers to build affordable housing units in their new buildings. Otherwise they’ll sell the units at whatever price the market can bear — and that happens to be a lot of money in Portland’s red-hot housing market. The result is a sort of forced migration of people with lower incomes into neighborhoods further away from the city center.