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Committee recommends 2027 housing program budget, trust-fund plan and affordable-housing application to council

City of Portland Housing and Economic Development Committee · February 3, 2026
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Summary

Staff presented the 2027 housing program budget and related priorities; the committee recommended forwarding the budget, approved the Josie Duson Housing Trust Fund annual plan for council consideration, and endorsed priorities in the affordable housing development/TIF application. Staff reported estimated HOME funding of about $800,000 and roughly $2.5 million in the housing trust fund, with a recommended $500,000 contingency held back.

City staff presented the proposed 2027 housing-program budget and the 2026 Josie Duson Housing Trust Fund annual plan and affordable-housing application. The committee voted to recommend the budget to the full council, to transmit the Trust Fund annual plan for council approval, and to endorse the priorities in the affordable-housing/TIF application.

Mary Davis summarized funding sources and proposed priorities: staff estimated the city’s HOME…

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