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Committee backs formation of mayoral task force to study social housing options
Summary
The committee recommended the City Council establish a mayoral task force to study social housing models, financing options and implementation pathways after staff indicated regional support for facilitation funding; the committee and a public speaker expressed support for the study.
The Housing and Economic Development Committee voted to recommend that the City Council establish a mayoral task force to evaluate social housing models, financing mechanisms and potential implementation approaches for Portland.
Nut graf: Councilors said the private market and existing subsidy programs are not producing enough of the "missing middle" and other housing types. The task force is intended to assemble experts, regional partners and stakeholders to assess options such as municipal bonding, revolving loan funds,…
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