Accept Portland’s Housing Bond Oversight Committee 2022 Progress Report
Date: April 19, 2023
To: City Council
From: Molly Rogers, Interim Director
Subject: Accept Portland’sHousingBondOversightCommitteeProgressReport 2022 (Report)
The Portland Housing Bureau asks City Council to accept the Portland’s Housing Bond Oversight Committee Progress Report 2022.
One of the primary roles of the Bond Oversight Committee is providing City Council with annual reports on progress in implementing Portland’s Housing Bond. The report summarizes the committee’s review and oversight of implementation, focusing on the goals: progress towards production targets, adherence to the Bond Policy Framework, engaging communities and maintaining fiscal accountability.
Official Record (Efiles)
Impact Statement
Purpose of Proposed Legislation and Background Information
The Bond Oversight Committee is a five-member independent oversight committee. Their role is to monitor progress, review finances and hold the City accountable to the community-created plans and values created in the Bond Policy Framework. The committee also provides annual reports to City Council and the public.
The report summarizes Bond implementation highlights and activities occurring in 2022, with a focus on: progress towards production targets, adherence to the Bond Policy Framework, engaging communities and maintaining fiscal accountability.
Financial and Budgetary Impacts
There is no direct impact to PHB’s budget for Council’s acceptance of the report.
Community Impacts and Community Involvement
The committee meets quarterly, and all meetings are open to the public and allow time for public testimony. Four meetings were held in 2022 on the following dates: February 3rd, April 7th, August 4th, and October 6th. The committee oversees implementation of the Bond in alignment with the Bond Policy Framework, accepted and approved by City Council in October 2017.
This framework was created by the Bond Stakeholder Advisory Group, comprised of 18 community stakeholders appointed by the Mayor. The group convened for nine meetings from April to September 2017. They identified community priorities and guidelines for how bond funds should be spent, responsive to the immense needs in our community. In addition to Stakeholder Advisory Group meetings, PHB and community partners conducted robust outreach and engagement over five weeks to gather comments on the draft policy framework prior to finalization. This included contacts with nearly 1,000 community members through group discussions with agencies, networks and/or coalitions, in-person interviews with members from 16 linguistically specific immigrant and refugee groups and online surveys.
100% Renewable Goal
N/A
Financial and Budget Analysis
There is no direct impact to PHB’s budget for Council’s acceptance of the report.
Document History
Item 313 Time Certain in April 19, 2023 Council Agenda
City Council
Accepted
- Aye (4):
- Dan Ryan
- Mingus Mapps
- Carmen Rubio
- Ted Wheeler
- Absent (1):
- Rene Gonzalez