The funding will support major rehabilitation work needed to preserve more than 200 housing units serving those exiting homelessness.Read More…
421 SW 6th Avenue, Suite 500, Portland, OR 97204
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