Bend Planning Commission advances three tax increment finance plans for approval

The Bend Planning Commission convened on April 14, 2025, to discuss several significant housing projects aimed at addressing the community's growing need for affordable housing. The meeting highlighted the approval of three tax increment finance plans that are expected to facilitate the development of new residential units in the area.

Among the projects discussed, Meridian Ridge is set to be a 69-unit garden-style complex located in the western part of Bend. Construction is anticipated to begin soon, with a projected completion date for occupancy in 2027. Similarly, Red River Ridge is scheduled to start construction in June 2025, also aiming for occupancy in 2027. Two additional projects, referred to as Century projects, are expected to follow, with completion timelines extending to 2028 or 2029.

A key aspect of these developments is their commitment to local economic support. The projects are designed to utilize local contractors, ensuring that a portion of the funding remains within the Bend community. Furthermore, the plans include a minimum number of affordable housing units, with proposals for extended assistance periods of up to 30 years, contingent on meeting specific affordability and energy efficiency criteria.

The commission unanimously recommended that the Bend City Council approve these finance plans, emphasizing their alignment with the city's comprehensive growth management and housing goals. The next step will be a presentation to the City Council on May 21, 2025, where further discussions will take place regarding the implementation of these projects.

In addition to the housing developments, the meeting touched on ongoing discussions about tree preservation standards in Bend. A recent public hearing regarding a project that challenges these standards has garnered attention, but the commission clarified that individual members can participate in discussions as citizens, provided they disclose their affiliations.

Overall, the Planning Commission's decisions reflect a proactive approach to addressing housing needs in Bend, with a focus on community involvement and economic sustainability. As these projects move forward, residents can expect to see significant developments aimed at enhancing the local housing landscape.