posted 05/16/09 06:56 PM | updated 05/16/09 06:56 PM
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Baseball In Lents? At What Price?

After a long hiatus, we're back with a follow-up story to the Lents baseball development we've been following for some time. The City has been teasing deep SE for months with the prospect of relocating the Beavers to Lents Park to make way for Major League Soccer to take over the PGE Park. Hopes of a stadium out here seemed weak when Mayor Adams pushed to locate it in a new "entertainment district" in the Rose Quarter, but citizens balked at his idea of razing the Memorial Colluseum.  Now, Adams and City Commissioner Randy Leonard are supporting the idea of building the stadium in Lents, but at a big price: over $40 million, most of the Urban Renewal funding allocated to Lents. 

Initially, I was stoked about the idea of having the Beavers so close.  Now, I'm not so sure.  I question whether those Urban Renewal dollars wouldn't be better spent on storefront development, support for unique local businesses, and low income housing.  In fact, the money for the stadium is currently allocated to low income housing.  Mr. Leonard says the city's rules for low income housing should be relaxed for Lents, which he claims already has plenty of affordable housing. 

That might not always be the case, however, if Portland expands as much as it's preficted to.  Our fair city is forecast to double in size in the next twenty years, and SE Portland could take much of that growth.  Where else in Portland can you find affordable houses these days? 

And actually, available data shows that there's not enough low-income housing in Lents as it is.  As was recently highlighted at the Oregonian's City Hall blog,

A 2006 Portland Development Commission Lents Housing Study found that almost half of Lents residents spend more than 30% of their income on housing, and fewer than 25% of Lents residents can afford market rate homes built in Lents. Additionally, the study found that more than 1,000 Lents homes are in poor condition.

What do we want our neighborhood to look like in twenty years? That's the real question.  What are your thoughts about bringing the Beavers to Lents?

the people spending over 30% of their income on housing
Hi Connie...just wanted to point out that the half of the neighborhood spending more than 30% of their income on housing is mostly homeowners. The TIF set aside overwhelmingly benefits renters. - It's just an incongruity and the housing advocates that are citing that statistic should be honest about who these folks are...and which folks are benefiting.
Comment by Cora
9 months ago
( 0 votes )
Thanks, and good point.
Hi Cora, thanks for your comment. My *real* first name is Colleen, FYI. I definitely appreciate your point. After all, I spend at least a third of my income on rent. And I'm sure my mortgage-paying bf does, too. So, I don't think that alone should decide the need for low-income housing out here. It does seem like plenty of rentals are available.

Anyone know the roots of that second citation, that 25% of Lents residents can afford market rates for homes in their neighborhood?
Comment by Co in So Fo Po
9 months ago
( 0 votes )
RE: Thanks, and good point.
Sorry Colleen! I will remember now!

I think the 25% number comes from an extrapolation of the % of people in Lents who make a income that would allow them to only pay 30% of their income for a median priced home in Lents. So, it's another figure based on this ideal of 30% of the income for housing (god my life would be easy if I only had to pay 30% of my income for my house).

Given, 30% of 25k a year has a lot more impact on an individual's financial security than 30% of 100k a year...But, in Lents, we're pretty close to all being in the same low-to-moderate income boat.
Comment by Cora
9 months ago
( 0 votes )
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