City exploring new taxes on demolition, developers to fund affordable housing

Mayor Charlie Hales may propose a tax on housing demolitions, as a way to slow demolitions and raise money for affordable housing. A wave of demolitions has eliminated many smaller homes in favor of large homes built in their places.

A tax on home demolitions? A new fee on development?

Those are some of the leading funding schemes under consideration at City Hall to address Portland's affordable housing crisis. Also on the short list: a special property tax levy, a big bond measure and even a tax on restaurants.