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



The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Think Real Estate are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon.

This content was last updated on . Some properties that appear for sale on this web site may subsequently have sold or may no longer be available.
All information provided is deemed reliable but is not guaranteed and should be independently verified.

Real estate data API provided by the Velocity web hosting platform, powered by Benish Design.