News and notices
The Portland Housing Bureau (PHB) has released a Metro Bond + TIF Opportunity Solicitation to provide up to $39.8 million in capital funding from the Metro Regional Housing Bond and Tax Increment Financing from the Interstate Corridor Urban Renewal Area (ICURA) for affordable housing development.
2022 Portland Housing Bureau Notice of Anticipated Upcoming Funds Availability for Affordable Housing Development
Update: Upcoming PHB solicitation anticipated for September 2022 release. Resources include funding from the Metro Regional Housing Bond, Interstate Corridor URA (ICURA) Tax Increment Financing (TIF) district funding, and properties for affordable housing development.
Updated News article
Commissioner Dan Ryan is thrilled to announce Molly Rogers - who currently serves as Deputy Director - has accepted an offer to serve as PHB's Interim Director as Commissioner Ryan conducts a national search for a permanent Director.
The Portland Housing Bureau has awarded funding to three new projects with the remaining funds from Portland’s Housing Bond. The new projects bring the projected total affordable homes produced through the city’s first housing bond to 1,859—housing for an estimated 3,834 people.
January updates from the N/NE Neighborhood Housing Strategy. Homeownership Preservation pilot becomes a permanent program. N/NE Oversight Committee is recruiting! Meet our three newest members. Metro Bond to fund new affordable housing in N/NE. Resources for low-income renters facing eviction.
Seven new Portland projects received full concept endorsement from Metro for funding from Metro’s Regional Affordable Housing Bond, bringing the city to 1,200+ units of affordable housing in the pipeline through the Metro Bond—or 83% of the goal set forth for Portland's allocation of the funds.
With the slate of new projects recommended for funding from Metro’s Affordable Housing Bond, Portland will surpass 80% of its Metro Bond housing goals. Land donation by Kaiser Permanente will further bond progress in 2022.
Updates to the Maximum Subsidy Limits for projects located in the Central Eastside Urban Renewal Area.
Up to $80.5 million in capital funding for development teams to create 525-575 new affordable housing units across the city.