This in from Christine Yun, a Buckman resident and Buckman Historic Association member:
The Portland Housing Bureau is proposing new areas to receive incentives that would expand a program that gives private developers 10 years free of taxes when they build new market rate apartment structures as long as they include some affordable housing.
The new areas include significant portions of Belmont and Morrison Streets in Buckman. You can see the map here.
This topic will be discussed tonight at the month SE Uplift Land Use and Sustainability Committee meeting. Details below:
This is a link to a page on the Portland Housing Bureau’s website with more information on the tax incentive policy: http://www.portlandonline.com/phb/index.cfm?c=57699.
Update: We’ve received an info sheet with more details on the PHB policy.