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Comments
NativeOregonian
"Zahas and Drabkin pointed out that there is no requirement for affordable housing at the site, as all housing types are needed in the city".
Really?
CubFan
As quoted from this article:
"While a variety of housing types and price points are outlined as required elements of the project, Zahas and Drabkin pointed out that there is no requirement for affordable housing at the site, as all housing types are needed in the city.
“We’ve focused a lot on, in our conversation today, about the mixed income referencing the lower end of that scale, but the truth is … we are short on housing at all levels and so, we didn’t put specific drawings or specific visioning in here,” Drabkin said.
“Certainly in my mind I can see luxury penthouses here with great views of the surrounding area in addition to other forms of mixed income housing.” (End of article quote)
This is political double speak! The city has been crying for years about the need for "affordable housing", which we DO need. I wonder if there is no requirement for an affordable housing component to improve the odds of selling this property?
NativeOregonian
There’s an average wait list of 2 years for senior housing. We need senior housing and this is a great spot to do it! Why is the city not putting this as a requirement for this site mayor????
Lulu
I'm eager to see it filled with luxury penthouses.
Are these so-called visionary leaders deranged?
Otis
just a quick search on zillow revealed about 87 houses (not including bare lots) for sale in Mac right now. That's it....for a town with 34,000 residents.
CubFan
Interesting point Otis. Let's take this a step further. Of those homes on Zillow, only 20 are between $300-$500,000. (24% of available housing inventory) This translates to a monthly payment of about $2500, and annual gross income of about $95,000 to qualify for a mortgage. We need more affordable housing in McMinnville! Interesting point, of those homes on Zillow, 28 are above $700,000. This represents 34% of available inventory. Mayor Drabkin... I don't think we need to encourage more "luxury homes". There are plenty of homes in that category right now.