232 Authorize property purchase from PDC

Portland City Council Agenda Wednesday March 8, 2017: Agenda Item #232

*232 Authorize acquisition of certain real property at 7104-7120 and 7126-7130 SE Foster Rd from Portland Development Commission for the development of a mixed-use affordable housing project (Ordinance) 15 minutes requested

This ordinance approves the Portland Housing Bureau acquisition of land currently owned by the Portland Development Commission. The land was offered in the Fall 2015 Affordable Rental Housing Notice of Funding Availability. A determination was made that it would better facilitate the awarded mixed-use affordable housing project if PHB held the site rather than PDC.

Agenda Item #232 https://www.portlandoregon.gov/auditor/article/631038

Portland City Council Agenda Wednesday March 1, 2017: https://www.portlandoregon.gov/auditor/26997