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Council weighs use of roughly $450,000 in CET funds; staff recommends supporting Sparrow site and setting up a revolving homebuyer program

2511685 · March 5, 2025
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Summary

City staff asked the council whether to allocate Construction Excise Tax (CET) funds toward infrastructure for the Sparrow redevelopment or to seed a revolving loan/down‑payment assistance program; staff recommended splitting priorities and returning with program details in June.

Milwaukie — Staff asked the council for direction on how to use approximately $443,000–$450,000 in Construction Excise Tax (CET) receipts, recommending a balance between supporting infrastructure at the Sparrow redevelopment site and creating the structure for a revolving homebuyer assistance program.

Joseph Brillio, Assistant City Manager, summarized the CET program and how funds are already split into several pots, including affordable housing. "The thing with $450,000 when it comes to development, it's just not much," Brillio said, noting that infrastructure work at Sparrow — especially access and utility upgrades — is expensive and that the CET amount would not pay for all needed improvements but could help defray studies, permitting and design costs.

Staff outlined…

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