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The East 205 TIF Community Leadership Committee (CLC) provides guidance and oversight on development of East 205 Action Plans and implementation of the East 205 Plan through a co-creation model with PHB and Prosper Portland staff.
About the East 205 CLC
On October 30, 2024, Portland City Council voted to approve six new Tax Increment Finance (TIF) districts that will spur economic growth, create jobs, and invest in a range of affordable housing options in both Central City and East Portland over the next 30 years.
Along with the two other new East Portland Tax Increment Finance (TIF) Districts, the East 205 TIF District will begin collecting funds on July 1, 2025. Initial resources will be limited in the first five years but will increase over time. The implementation of the new TIF districts will start in 2025 with the formation of a Community Leadership Committee (CLC) for each district, a group of community members with lived and professional experience, as well as connection to the district, who will guide implementation.
The East 205 CLC’s first task will be to develop a five-year Action Plan in coordination with community stakeholders. The Action Plan sets goals, establishes investment priorities, and assigns resources for the district over the next five years, based on what types of investments are eligible as outlined in each TIF district plan.
Over the next 30 years, the East 205 TIF District is estimated to generate up to $770 million in funding. These resources will be invested in three core areas:
- 45% for affordable housing
- 45% for economic and urban development
- 10% for infrastructure improvements
For more information, also see East 205 TIF District on Prosper Portland’s website.
Meet Our Committee Members
- John Ayers (Wes)
- ShaToyia Bentley
- Tamra Booth
- Olena Borova
- Daniel Carillo
- Parker Fitzpatrick
- Terrence Hayes
- Emily Hutsell
- Eric Knox
- David Linn
- Andy Miller
- Kristin Romaine
- Karen Wolfgang
Essential Documents
Ordinance 191937: Adopt the East 205 Tax Increment Finance District Plan
More documents can be found on Prosper Portland’s Website.