To meet the growing demand for affordable housing in Portland, the City has continued to invest in community development corporations and other organizations providing affordable housing and implementing the City's 10 year plan to end homelessness.

Much of this funding, distributed by the Bureau of Housing and Community Development (BHCD), is provided by the U.S. Department of Housing and Urban Development. This funding, however, was cut 8% from 05/06 and 13% from 04/05.

During the 2006-07 budget cycle, Commissioner Saltzman and Sam proposed in their budget team deliberation allocated budget savings and other one-time money totaling $5.9 million into the Housing Investment Fund and BHCD.

Related Documents

• 2006-07 Budget, Volume One, Page 346
• City's Ten-Year Plan to End Homelessness

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