Accept the 2022 Annual Report of the North and Northeast Neighborhood Housing Strategy Oversight Committee
To: Portland City Council
From: Molly Rogers, Interim Director
Date: May 9, 2023
RE: Accept the annual report for calendar year 2022 of the North and Northeast Neighborhood Housing Strategy Oversight Committee
We are pleased to submit this eighth annual report on behalf of the North/Northeast Neighborhood Housing Strategy Oversight Committee. The Committee’s advice and monitoring of our policies, programs and outcomes is of central importlance to the commitment to this strategy.
This report highlights both our successes and challenges in implementing the strategy. This year we celebrate eight years of the strategy, with successes specifically in homeownership and the 5020 N Interstate project breaking ground.
Purpose of Proposed Legislation and Background Information
The N/NE Oversight committee was created in 2015 to monitor and provide oversight for the expenditure of funds and program/policy development within the Interstate Tax Increment District.
Financial and Budgetary Impacts
This action does not impact City revenues, does not impose any costs to the City, and does not impact staffing levels.
Community Impacts and Community Involvement
The report is a product of an ongoing community involvement process.
100% Renewable Goal
The acceptance of the report does not impact the City's renewable energy goals.
Budget Office Financial Impact Analysis
No fiscal impact to accept the report, which notes that $95,590,053 in Tax Increment Financing resources has been spent on the strategy’s initiatives between 2015 and 2022.
428 Time Certain in May 31-June 1, 2023 Council Agenda
- Commissioner Dan Ryan Yea
- Commissioner Rene Gonzalez Yea
- Commissioner Mingus Mapps Yea
- Commissioner Carmen Rubio Yea
- Mayor Ted Wheeler Yea