City Council Appoints Housing Bond Oversight Committee
Mayor Ted Wheeler and the Portland City Council have appointed five independent community members to oversee the expenditure of the City’s first general obligation affordable housing bond. The $258.4 million bond, approved by voters in November 2016, will allow the City to build and preserve an additional 1,300 units of affordable housing.
Bond Oversight Committee (BOC) members:
• Stephen Green, entrepreneur/community member, appointed by Mayor Wheeler
• Susan Emmons, housing advocate, appointed by Commissioner Fritz
• Jes Larson, Welcome Home Coalition, appointed by Commissioner Saltzman
• Allan Lazo, Fair Housing Council of Oregon, appointed by Commissioner Eudaly
• Todd Struble, Asian Pacific American Network of Oregon, appointed by Commissioner Fish
The members of the Bond Oversight Committee will serve five-year, renewable terms. Learn more about the individual members here. The committee is expected to begin meeting in late Spring, following a public process to develop a framework for implementation. The committee will oversee the financial, fiduciary, and compliance responsibilities related to bond funds.
For more information on the committee and the Affordable Housing Bond, visit www.portlandoregon.gov/phb/bond