With New Projects, Portland Declares It’s On Track To Meet Housing Bond’s Goals
Elliot Njus reports in The Oregonian on Portland’s newfound housing construction push.
Portland on Tuesday unveiled six new projects funded in part by its housing bond, which now has backed a dozen projects that will total more than 1,400 affordable homes.
Mayor Ted Wheeler hailed the progress as having exceeded the goals laid out to voters when the bond was first approved nearly three years ago — and another $45 million remains available for future projects.
“This slate of projects not only gets us to our numeric goals, but it reaffirms our commitment as a city to better serving communities of color, to mitigating displacement and to committing our investments in our east Portland neighborhoods,” Wheeler said.
Read more here.