Unfortunately, federal support for the programs that help ensure affordable housing has been declining every single year since Sam took office.
To fill the federal funding void, Sam expressed support in 2004 for a dedicated percentage of urban renewal dollars for affordable housing.
With City Commissioner Erik Sten's leadership, this November, Sam and the City Council and the Portland Development Commission established a policy ensuring that 30% of Urban Renewal Dollars are spent to address the need for affordable rental and ownership opportunities throughout our Urban Renewal Areas.
Related Documents
- Final Implementation Plan [1] (PDF)
- City Council Ordinance [2]
- City Council resolution [3]
- PDC resolution [4]
- Tax Increment Financing (TIF) Affordable Housing Policy Recommendations [5]
Report to Project Advisory Group, September 12, 2006 - Tax Increment Financing (TIF) Set-Aside for Affordable Housing [6]
Report to City Council, August 9, 2006
Media Mentions
- "Affordable housing on waterfront is debated [6]," The Oregonian, August 12
- "Council backs more spending on affordable housing [6]," The Oregonian, August 17
- "The Fight for Housing [7]," Portland Mercury, May 11
Our blog
- My Statement on Council's Consideration of 30% TIF Set-Aside [7]
- BLOG: "I am the product of subsidized, affordable housing..." [7]