Portland – The Portland Housing Bureau is pleased to announce the awardees of City funds to develop affordable rental housing.
In May 2014, the Portland Housing Bureau (PHB) issued the 2014 Notice of Funding Availability (NOFA) On June 23, 2014, PHB received 14 proposals requesting $42.8 million in financial assistance. PHB Director Traci Manning expressed: "It was a challenging process. We received excellent proposals to provide quality affordable housing at a time when rents in Portland are increasing rapidly. Unfortunately with limited resources we were forced to select only a few."