Mayor Wheeler Suspends Housing Bond Spending

In one of his first acts as Mayor, Ted Wheeler has directed the Portland Housing Bureau (PHB) to suspend contract negotiations and purchases made with the $258 million bond measure passed by voters in November.

Wheeler plans to create a cohesive strategy and community agreement before any further negotiations take place. In a statement Wheeler said, “I expect that community agreement to clarify the goals and priorities for use of these funds.” According to Wheeler’s communication director Michael Cox, “We want to put these dollars to the most efficient use and part of that is determining with the community what they feel is important.”

The PHB already approved spending $37 million (almost 15% of total bond funding) to purchase and repair the Ellington Apartments in NE Portland, a move criticized by some due to the maintenance needed on the property.

Read More:
Katu News: Mayor Wheeler halts spending from affordable housing bill
Willamette Week: Mayor Ted Wheeler Is Halting the Spending of Portland’s Housing Bond

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