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Staff to study state moderate-income revolving program as tool for developer incentives
5598814 · August 12, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
Staff flagged a state moderate-income revolving program (MRR) that could be a pass-through lending or incentive mechanism for local developers; the council asked staff to research details and bring back proposed ordinance language if the program is feasible.
City staff briefly introduced a state program described as a moderate-income revolving resource (MRR) supplied by the Oregon Housing and Community Services (OHCS). The program would allow the city to participate as a…
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