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Major Portland affordable housing landlord could close in 6 months, leader tells city
Major Portland affordable housing landlord could close in 6 months, leader tells city
Major Portland affordable housing landlord could close in 6 months, leader tells city

Published on: 06/08/2026

This news was posted by Oregon Today News

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“Over the last three years our downtown and central city properties have faced unprecedented operating cost increases, extreme security needs and low rent collection due to physical and economic vacancy,” Innovative Housing Inc. executive director Sarah Stevenson told city leaders in a letter obtained by The Oregonian/OregonLive.

A Portland landlord that manages more than 1,000 low-income apartments in the metro region area says it could cease operations in as little as six months unless city officials throw it a financial lifeline.

News Source : https://www.oregonlive.com/business/2026/06/major-portland-affordable-housing-landlord-could-close-in-6-months-leader-tells-city.html

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