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Our 2020 audit found that Prosper Portland’s and the Housing Bureau’s investments in Lents had mixed results when compared against the City’s ambitious goals. Prosper Portland had not comprehensively assessed or reported how its investments – totaling more than $200 million since 2001 – changed Lents.
Prosper Portland and Housing took steps to improve reporting, but pandemic put some work on hold
We recommended that Prosper Portland begin and the Housing Bureau continue to periodically measure economic results for the goals they set, update goals as needed, and report progress to the public.
In the past year, the bureaus took some steps to meet our audit recommendation but stressed that they do not expect their programs to affect broad economic results.
Prosper postponed the reevaluation of goals and economic analysis to prioritize emergency relief to businesses due to the Covid-19 pandemic. Prosper is now seeking a contractor to begin in Fiscal Year 2021-22 to provide regular updates on economic indicators at the city and neighborhood level. The agency plans to engage with Lents stakeholders in summer 2021 to determine future priorities.
Prosper and Housing published a Lents Five Year Action Plan Close-Out Report and presented it to various groups before the shutdown began in 2020.
Visit our website to view the original 2020 audit report.