City Seeks Proposals for Portland’s Housing Bond

The Portland Housing Bureau (PHB) released a Request for Interest (RFI) on October 23, 2017, seeking opportunities to acquire land or existing residential buildings of twenty units or more.

Portland voters approved Portland’s Housing Bond in 2016, authorizing the City to issue up to $258.4 million in general obligation bonds for the development or acquisition of affordable housing. PHB expects to build and purchase a minimum of 1,300 housing units with these funds.  Property owners, their representatives, and developers may now begin submitting proposals for Portland’s Housing Bond.

Read the full article on Portland’s website.

Advertisements