Tag Archives: Portland OR

Portland plan on how Airbnb can fund affordable housing

Portland City Commissioner Dan Saltzman wants to shoot the proverbial two birds with one stone.

In June, the city’s housing commissioner will propose to legalize short-term rentals brokered by web sites such as Airbnb and VBRB [VRBO} by requiring the operators to pay local lodging fees.

In exchange, the city would dedicate 25 percent of its share of lodging taxes to support creation of low income housing in a bid to head off complaints that vacation rentals remove units from the inventory of affordable housing, under Saltzman’s proposal.

Elsewhere in the U.S., short-term rentals have exacerbated housing shortages as owners evict existing tenants in order to turn a larger profit advertising units to tourists via sites such as Airbnb and VBRB [VRBO].



Novogradac & Company Promotes Eight to Principal in Offices Across the Country

Novogradac & Company LLP, a national CPA and consulting firm which specializes in affordable housing, community development and renewable energy is proud to announce the following promotions to partner: Rachel Denton in the firm’s metro Kansas City, Mo. office; Chris Key in its metro Atlanta, Ga. office; Andrea Killeen in its San Francisco office; Tyler Gibbs in its metro Detroit, Mich. office; Matt Meeker and Dirk Wallace in its Dover, Ohio office; Warren Sebra in its Portland, Ore. office; and Craig Staswick in its Long Beach, Calif. office.

Ms. Denton has completed extensive real estate appraisal coursework through the Appraisal Institute and received a bachelor’s degree in urban and regional studies from Cornell University. She has served for two years as the co-chair of the Kansas City Commercial Real Estate Women Communications Committee and will serve on the board of directors in 2013. She is also a member of the National Council of Housing Market Analysts.

Mr. Key received his bachelor’s degree in accounting from Anderson University and is a member of the Georgia Society of CPAs. He is licensed in Georgia as a certified public accountant.

Ms. Killeen received a bachelor’s degree in business economics with an emphasis in accounting from the University of California, Santa Barbara. She is licensed in California as a certified public accountant.

SFGate / PRWeb