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Portland Housing Bureau

Solving the unmet housing needs of the people of Portland.

Phone: 503-823-2375

fax: 503-823-2387

421 SW 6th Avenue, Suite 500, Portland, OR 97204

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Notice of Public Hearing on Property Tax Measure

A public hearing on the local option levy (Measure 26-179) will take place on October 20

NOTICE OF PUBLIC HEARING ON PROPERTY TAX MEASURE

A public hearing on the local option levy (Measure 26-179, November 8, 2016 Election) for the City of Portland, Multnomah County, State of Oregon, will be held by the Tax Supervising and Conservation Commission. The hearing will take place in Council Chambers of City Hall, 1221 SW 4th Ave., on October 20, 2016 at 10:30 am. The purpose of this hearing is to discuss the proposed measure with interested persons. The proceedings may be recorded.

DATE:  Thursday, October 20, 2016

TIME:   10:30 am

PLACE:  Portland City Hall, Council Chambers, 1221 SW 4th Ave

            

Public Hearing: Affordable Housing Tax Exemptions Being Considered for Three New Rental Developments

The hearing is scheduled for Tuesday, September 6, 2016

On Tuesday, September 6, the Portland Housing Advisory Commission (PHAC), the advisory group to the Portland Housing Bureau (PHB), will hold a public hearing to discuss three new applications being considered for the Multiple-Unit Limited Tax Exemption (MULTE) Program.

Two applications are for projects being developed by Koz Development – one in Northwest Portland at NW 16th Avenue and NW Marshall Street, and another in Southwest Portland at SW 4th Avenue and Grant Street – for a combined total of 235 new units (47 of which would be affordable to households earning no more than 60% of the area median income).

The third application is for a project by the Portland Development Commission, which will bring 54 new units (16 of which would be affordable to households earning no more than 60% of the area median income) to Southeast Portland’s Lents neighborhood at SE 91st Avenue and SE Foster Road.

Tax exemption programs promote the inclusion of affordable housing and other public benefits in new developments. PHB can approve up to $3 million in new tax exemptions each year. 

The hearing will take place Tuesday, September 6 during the monthly PHAC meeting, held from 3:00 – 5:00 pm at the Portland Housing Bureau offices in Downtown Portland, located at 421 SW 6th Ave, Suite 500

For information about the MULTE program, click here or contact Dory Van Bockel by email or by phone at 503-823-4469.

 

Inclusionary Housing: Progress Update and Next Steps

In the nearly six months since Senate Bill 1533 lifted the state preemption on Inclusionary Housing, the City of Portland, together with an assembled panel of housing experts, has been at work to develop a mandatory inclusionary housing program for the city. Below is a progress update on the process and an outline of next steps.

 
City staff are currently working with the consultant team from DRA and ECONorthwest to complete a feasibility analysis in advance of the August 23 meeting of the Inclusionary Housing Panel of Experts. We anticipate this analysis, as well as a summary of key findings and initial recommendations will be complete and available to the public online here in advance of the meeting. 
 
Following the August 23 meeting, the Portland Housing Bureau will schedule two optional meetings for the panel and members of the public to ask questions and submit comments on the key findings and initial recommendations. These meetings will be held on August 25 from 1pm to 4pm and August 30 from 9am to 12pm, at the Housing Bureau offices. 
 
Process flow chart
On September 1 from 12pm to 1:30pm, the Oregon Opportunity Network will host a public forum where Commissioner Saltzman and Housing Bureau Director Kurt Creager will present the key findings and initial recommendations, as well as answer questions and collect feedback from members of the public. This forum will be held at the First Unitarian Church in the Buchan Room at 1226 SW Salmon St.
 
In early September, Commissioner Saltzman will release his program recommendations for consideration by the public, the Planning and Sustainability Commission, and City Council.
 
The Bureau of Planning and Sustainability will publish a proposed draft of the inclusionary housing zoning code on September 19. The Planning and Sustainability Commission will then hold a hearing on October 11 and a work session on October 25
 
Finally, following the hearing and work session at the Planning and Sustainability Commission, we anticipate that City Council will consider the recommendations in December.


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Portland Housing Bureau Now Accepting Statements of Qualifications for Fast Start Program

Interested developers and stakeholders will need to submit their materials to the housing bureau by September 1, 2016

 


To:      Interested Developers and Stakeholders

From:  Kurt Creager, PHB Director   

RE:     Fast Start Program

 

ORS Chapter 279 includes the “Public Contracting Code (PCC)” which sets forth the regulations governing public contracting and Section 279A.025 of the PCC exempts the “acquisitions or disposals of real property or interest in real property” from these rules. Because acquisitions and dispositions are exempt from the PCC and, consequently, the City's procurement rules, PHB is able to negotiate directly with a prospective purchaser regarding the transfer of land and PHB funding for that project.

For several years, PHB has selected developers/owners for PHB property through public solicitations including “Requests for Proposals (RFPs),” “Notices of Funding Availability (NOFAs)”, and “Requests for Qualifications (RFQs)”. Although not required to conform to the PCC or City procurement rules, these public solicitations include many of the elements required under City procurement regulations for contracts in excess of one hundred thousand dollars such as advertising of the opportunity, defined selection criteria, a pre-submission meeting for proposers, a written proposal with a published submission date and submission requirements, multiple selection advisory committees, and interviews with developer teams. These processes have the benefit of being highly transparent but are very labor intensive for all proposers and PHB; indeed some of these solicitations have taken more than six months from start to finish.

PHB will generally continue to use these historic solicitation methods for the allocation of PHB controlled funds to affordable housing projects. However, PHB also plans to use a more efficient process for a limited five (5) year term, beginning in city fiscal year (FY) 2017, to select prospective developers/owners of PHB-owned real property. Modeled after what is termed “Flexible Services Contracting” under the City’s procurement rules, this new, more efficient process will allow a pool of prequalified developers/owners to be solicited at one time for a five year period based on general qualifications. This pool of prospective developers/owners, the FAST START list, will be required to have very high degree of development experience and financial capability that will enable a property interest to move from PHB ownership to occupancy with improved efficiency. This is particularly important when PHB resources are tied up in land acquisition.

When a property becomes available for development, PHB staff will negotiate with one or more of the pre-approved FAST START developers/owners in order to come to agreement for the sale or disposition of any interest in PHB-owned real property as well as for the funding required for the development of that site. Developers/owners may also proffer sites for sale and/or development to PHB. Adopting this expedited solicitation process should increase the speed with which a small subset of PHB-funded projects are implemented in coming years.

FAST START: PROCESS OUTLINE

 

  • In August, 2016 PHB will advertise a solicitation for owner/developers interested in being on the approved “FAST START” list of entities or individuals interested in acquiring an interest in one or more unidentified parcels of land over the next five years for the development of affordable housing.
  • This solicitation will invite parties to submit a three page letter describing the entities’ qualifications to develop projects in the $5 million - $20 million range. The statement of qualifications will include the developer’s statement of commitment to social equity and inclusion going forward, as well as a self-certification regarding eligibility under HUD programs. Submission will require a current financial statement. To be eligible for consideration, a developer must have at least ten years of experience in real estate development and property management, and have unrestricted cash assets of at least one (1) million dollars.
  • PHB staff will consider the submissions and, at PHB’s sole discretion, prepare a list of potential FAST START developer/owners for PHB sites.
  • When a PHB property becomes available for development, PHB will consider the FAST START pre-approved list of developers; and select one or more parties with whom to negotiate regarding the transfer (leasehold interest or sale) and development of the real property.
  • The negotiation and developer selection for a specific property interest may require the submission of additional materials, at PHB discretion, such as updated qualifying information or proposals for a specific site.
  • Selection of the preferred partner will be at PHB’s sole discretion based on a developer’s superior ability to develop a particular site including the ability to mobilize capital; ability to assemble and manage a team; and the internal capacity to execute the project on time and within budget.
  • As is the convention in real property development, the individual and entities on the approved FAST START list will not always be the actual party to which the real property interest is conveyed. There may be instrumentalities or related companies created for

 

the purpose of undertaking the project. However, the FAST START entities or individuals will have a controlling interest in the entity that acquires the property interest.

 

  • PHB reserves the right to remove any party from the FAST START list given new information available at any time.
  • The FAST START list will be posted on the PHB website and will expire in five years from the date on which the approved list was made public. We anticipate initiating this program in September, 2016 and it will therefore be effective through August, 2021.
  • During the initial five year period, PHB will use the list to convey all interests in real property, unless PHB management determines that the goals set forth in City planning documents are better served by conducting an individual solicitation for a particular property. If that were determined, everyone on the FAST START list would be notified of the public solicitation and invited to compete.
  • The three page letter containing the Statement of Qualifications will be accepted by PHB up close of business (5pm Pacific Time) Thursday September 1, 2016. By submitting a SoQ, prospective developers/owners agree to enter into a development agreement in substantially the same form as the attachment “A” unless modified by mutual agreement.

Download a PDF of this announcement by clicking here.