Looks like there might be affordable housing arriving on the coast – but far south of Newport
There is an apartment/town house project coming up out of the ground in Yachats. Tenants will pay ZERO PROPERTY TAXES. Name of the property is Festerra Gardens. No word on who gets what apartment. But it will likely be a quick sale or rental.
The way housing is offered in this country is all about price. Yachats has a lot of developable land toward the east. But that doesn’t mean all that land is affordable. The country is still scratching its head over what is honest “affordable housing.”
