Unregulated affordable housing is lower cost market rate housing that is unsubsidized by the government and has no regulations restricting rent levels or maximum income requirements. They are often older and provide affordable rents to lower income households. As investments are made to improve amenities (like light rail) in neighborhoods with these older buildings, they become attractive to new owners intending to raise the rents beyond what current residents can afford.
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1221 SW 4th Avenue, Room 110, Portland, OR 97204