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Bend advisory board backs a package of measures to speed core‑area redevelopment
Summary
The Bend Core Area Advisory Board voted to send a set of recommendations to the Bend Urban Renewal Agency and City Council urging flexible finance tools, developer incentives, permit‑review changes and code adjustments to accelerate adaptive reuse and private investment in the Central District.
The Core Area Advisory Board (CAB) voted to forward multiple recommendations to the Bend Urban Renewal Agency (BURRA) and Bend City Council aimed at accelerating redevelopment in the Central District.
The proposals ask BURRA and city staff to explore a financial and operational policy that would expand investment options — including seed/pioneer investments, subordinated financing and more flexible debt coverage approaches — to unlock projects and reduce timing barriers. Samantha Nelson, the city's chief financial officer, told the board that "there are some things within that policy that…
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