Title

"Focus on Greater Portland" piece on Portland's Housing Replacement Ordinance, e

Authors

Chris O'Neil

Source

Mainebiz

Date

2-22-2010

Pages

20

Abstract

"Focus on Greater Portland" piece on Portland's Housing Replacement Ordinance, enacted in 2002, when the vacancy rate for apartments was about 3 percent. Commercial development was robust, and politicians feared a housing shortage. A burned out building with apartments that were last occupied decades ago was assessed a penalty of $58,000 per unit when the owner sought to raze it. The city council is revisiting the ordinance in light of changing economic and housing conditions.

Subjects

Housing Replacement Ordinance Portland

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