Metro recently approved a ballot measure to be voted on in the Fall election that will authorize the agency to borrow $653 million to subsidize low-income housing projects for the next 30 years. If approved by voters, the total cost of the borrowing to taxpayers will be more than $1 billion. Metro has caused much of the housing affordability crisis through its own land-use regulation, but refuses to take responsibility. This presentation will discuss why “throwing money” at low-income housing projects will not work, and offer a short list of policies that would be more effective at increasing the housing supply for everyone.
Admission is free, but reservations are required due to space limitations. You are welcome to bring your own lunch; light refreshments will be served.
Cascade's Policy Picnics are generously sponsored by Dumas Law Group, LLC.
Thursday, Jun. 287:00 pm - 8:00 pm