‘Just the beginning': Lake Oswego mayor talks affordable housing push

PORTLAND, Ore. ( KOIN ) – As Oregon grapples with a lack of affordable housing, prompting Gov. Tina Kotek to sign an executive order to bolster hou...

March 6, 2023
11:40 PM

PORTLAND, Ore. ( KOIN ) – As Oregon grapples with a lack of affordable housing, prompting Gov. Tina Kotek to sign an executive order to bolster housing production , the crisis is also impacting more affluent cities including Lake Oswego. 'When you look at the data, Lake Oswego is building housing, but nearly 100% of that housing, of those units up to 2019, are only affordable to folks who are making over 100% of the median family income,' Lake Oswego Mayor Joe Buck said. Lake Oswego was ranked third in a list of cities with the most expensive homes in Oregon , with the typical home value at $840,000, according to the January Zillow Home Values Index.

Michaela Bourgeois