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Bend advisory committee reviews Affordable Housing Fund rules and timeline ahead of July recommendations
Summary
Housing staff reviewed the Affordable Housing Fund’s eligibility, repayment terms and timeline: proposals heard today will be scored later and council will receive funding recommendations in August, with awards expected to begin flowing in late 2027.
At a June 5 meeting of the Affordable Housing Advisory Committee, housing staff outlined how the city’s Affordable Housing Fund works and the timetable for committee recommendations and council action. Rachel, a housing staff member, told the committee the fund was established in 2006 and is financed by one‑third of 1% of building permit valuations to support affordable housing projects.
Rachel said eligible uses include land acquisition, down‑payment and purchase assistance, design and construction expenses, permit fee reimbursements and system development charges. She stressed that loan proceeds must return to the fund and that recipients must sign a payment agreement with the city specifying payment schedules and remedies for noncompliance. “Before any funds are paid out, loan recipients must sign a payment agreement with the city of Bend,” Rachel said.
The staff presentation set out the process and key dates: applicants presented proposals on June 5, the committee will deliberate and score proposals in July and will forward recommendations to the council in August. Rachel said staff expects some loan agreements to be ready by late September or October, with funding intended to be available during 2027 so projects can spend through 2027–2028.
The committee was reminded that scoring is an evaluation tool to inform later deliberations and that members should avoid substantive deliberation today so conflict‑of‑interest disclosures can be made in July. The chair and staff also asked applicants to provide follow‑up materials requested by committee members, for example more detail on apprenticeship use and employee health benefit commitments where relevant.
The committee took one procedural action on non‑controversial business: members moved to approve the March meeting minutes without edits and the motion passed by voice vote.
