421 SW 6th Avenue, Suite 500, Portland, OR 97204
On Tuesday, April 4, the Portland Housing Advisory Commission (PHAC), the advisory group to the Portland Housing Bureau (PHB), will hold a public hearing to discuss five applications being considered for the Multiple-Unit Limited Tax Exemption (MULTE) Program.
The first application comes from the Portland nonprofit Rose Community Development Corporation for a 64-unit housing development on SE 91st Avenue at SE Reedway Street in the Lents neighborhood. If approved for a MULTE tax exemption, 16 of these units will be made affordable to households earning no more than 60% of Area Median Income. This development is also receiving direct funding from PHB.
The second application being considered comes from Portland-based Guerrilla Development for an 88-unit development on NE Sandy and 25th Avenue in Northeast Portland. If approved, 18 of these units will be made affordable to households earning no more than 80% of Area Median Income.
The third application comes from Portland-based Gerding Edlen for a 133-unit development in Old Town/China Town on SW Ash Street and 3rd Avenue. If approved, 27 of these units will be made affordable to households earning no more than 80% of Area Median Income.
The fourth application comes from Portland's Guardian Development for a 167-unit development, also in Old Town/China Town, on NW Couch Street between NW 4th & 5th Avenues. If approved, 34 of these units will be made affordable to households earning no more than 80% of Area Median Income.
The fifth application comes from Portland-based BDC Advisors for a 73-unit development planned for SW Park Avenue and Columbia Street in Southwest Portland’s Park Blocks. If approved, 24 of these units will be made affordable to households earning no more than 80% of Area Median Income
Tax exemption programs such as the MULTE encourage the inclusion of affordable housing and other public benefits in new residential developments. PHB can approve up to $3 million in new tax exemptions each year.
The hearing will take place Tuesday, April 4 during the monthly PHAC meeting, held from 3:00 – 5:00 pm at the Portland Housing Bureau offices, located at 421 SW 6th Ave, Suite 500 in Downtown Portland.
A statement from the Portland Housing Bureau
The Rental Rehabilitation Program, first submitted to City Council by the Portland Housing Bureau (PHB) as a budget request in FY 16-17, was developed in response to a community-identified need for investments in safe, quality affordable housing in East Portland, where the deteriorating rental housing poses a health and safety risk for many low-income Portlanders, reduces the quality of life in their neighborhoods, and exacerbates the threat of involuntary displacement among vulnerable households. The proposal brought forward on behalf of the community advocated specifically for investments in shell repairs, water damage, organic growth in units, and energy efficiency improvements in existing affordable housing to address conditions they described as “dire.”
Through rigorous market and demographic analysis conducted by PHB in the annual State of Housing in Portland Report, we know that East Portland is home to the bulk of our city’s minority, low-income, and foreign-born residents. Beyond that, the 2016 report showed that East Portland neighborhoods are seeing some of the city’s steepest increases in rents and housing prices.
PHB is committed to policy and program development that is responsive to the community and grounded in data. As we move forward with investments in programs to stabilize vulnerable residents in East Portland, and improve the safety and livability of the affordable housing stock in those neighborhoods, PHB recognizes the importance of assessing housing quality issues with the same rigorous data sourcing and careful analysis as our housing market and demographic data. PHB will therefore supply an analysis that builds on and updates the housing stock data provided by the Bureau of Planning and Sustainability 2009 Portland Plan Background report on Housing Supply. This analysis will assess the existing supply of housing units and inventory both the absolute number of units as well as their physical characteristics including type, age, size, and condition. The inventory will be based on American Community Survey (ACS) data, the American Housing Survey, and other City data on permits and weatherization. Peer review will be employed to ensure quality and continuity with other City Data sources. The Bureau of Planning and Sustainability, Bureau of Development Services and Portland State University faculty will be asked to serve in this capacity to ensure robust accountability.
As directed by Portland City Council, the Portland Housing Bureau is convening a Mandatory Relocation Assistance Technical Advisory Committee, which will hold its first meeting this Friday, March 24 from 1:00 - 3:30 pm.
The Technical Advisory Committee will be asked to identify technical issues with the Mandatory Relocation Assistance Policy that was adopted by City Council on February 2, 2017.
Technical issues are those issues that warrant immediate legislative changes to the policy to ensure its effective implementation. The Technical Advisory Committee membership is comprised of City Council invited representatives of landlords and renters. These meetings are open to the public and public testimony is invited.
The N/NE Community Oversight Committee will meet this Thursday, March 9, to hear updates on the Grant Warehouse housing development planned for NE Martin Luther King Jr. Blvd and affordable rental housing coming to N. Williams, as well as plans to roll out a preference policy rental housing application process, and more. An agenda and meeting materials will be available here prior to the meeting.
Oversight Committee meetings take place every other month and are open to the public, with time reserved for comments or questions on the agenda items. Meetings are also broadcast on Channel 30. A broadcast schedule will be posted soon. You can watch video of past meetings by clicking here.
The NOFA, RFI, and all associated information can be found online at www.portlandoregon.gov/phb/Winter17
The NOFA is making available the following Interstate Corridor Urban Renewal Area (ICURA) resources:
Of the $9M available for homeownership, up to $5M is available to redevelop the PHB-owned site at 5020 N. Interstate Ave, and whatever amount is awarded must be used for this purpose. The remaining $4M is available for homeownership development elsewhere in the ICURA. A map of the ICURA boundaries can be found here.
A mandatory information session for those considering submitting a proposal for the NOFA ONLY will be held:
Thursday February 2, 2017
Noon – 1:30 PM
Portland Housing Bureau offices
421 SW 6th Ave., Suite 500
Portland, OR 97204
At least one representative from each development team MUST attend. Proposers interested in the RFI only need not attend this information session.
The RFI requests proposals from owners of projects that already have a PHB loan or regulatory agreement (or both) and have identified more than $100,000 in capital needs. Projects may be located anywhere within the city of Portland.
Housing Portfolio Finance Coordinator