Work Session-Unbudgeted Housing Funds, March 5, 2026
Votes on Work Session on Unbudgeted Housing Funds Allocation
What happened
Portland City Council held a work session on March 5, 2026 to discuss allocation of approximately $106 million in previously unbudgeted housing funds.
- Jurisdiction
- Portland, OR
- Date
- March 5, 2026
- Decisions
- 1 zoning decision
- Outcome
- Voted
Free sample: decision 1 of 1
Work Session on Unbudgeted Housing Funds Allocation
Council held a work session to discuss allocation of approximately $106 million in unbudgeted housing bureau funds. Staff clarified that only about $55.9 million is potentially allocatable by council, with $20.7 million in RSO funds having full discretion, $30.4 million in planned but uncommitted...
Meeting Summary
Portland City Council held a work session on March 5, 2026 to discuss allocation of approximately $106 million in previously unbudgeted housing funds.
Key Decisions (1)
Work Session on Unbudgeted Housing Funds Allocation
Development Activity (6)
Broadway Corridor Parcels 4A and 6
Mixed-Use
Williams and Russell
Residential
Urban Plaza
Residential
Market Signals (6)
Housing Demand
Home Forward has approximately 14% vacancy rate in affordable housing…
Housing Demand
Multnomah County averages roughly 1,000 eviction filings for nonpayment of…
Commercial Demand
Downtown Portland rental apartments in Slabtown area commanding $3,000 rents,…
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