City of Portland Adding $2.7m to Fund Housing Emergency

Today the Portland City Council will consider a budget amendment that would add an additional $2.7M in funding to combat Portland’s housing emergency.  The money would help fund homeless shelters, property purchases, short-term rent assistance and other programs.

The funding would come from the Portland Development Commission ($1.1M) and a settlement the city received from online travel companies with respect to hotel tax collection ($1.6M).

$1 million would go to short-term rent assistance provided through the Portland Housing Bureau, $700,000 would fund two (currently operating) temporary shelters, and the remainder would go toward a temporary property broker and a variety of other services for the homeless.

Read More:
Portland Business JournalCity to kick in $2.7M more to fund ‘housing emergency’ programs

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