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Hood River Urban Renewal Agency adopts FY27 budget, amends IGA and approves year‑end adjustments
Summary
The Hood River Urban Renewal Agency adopted its FY 2026–27 budget (resolution 2026‑URA‑03), authorized an IGA amendment adding an exhibit tracking projects, and adopted a supplemental FY25–26 budget (resolution 2026‑URA‑02); staff also reported the ODOT jurisdictional transfer for R 281 and a Business Oregon closeout for SB1530 funds.
The Hood River Urban Renewal Agency (URA) met after the city council session and adopted its FY 2026–27 budget by resolution 2026‑URA‑03.
Will, the URA administrator, summarized priorities for the Columbia Cascade, Waterfront, Heights and Westside districts including moving three Heights streetscape projects to full design and continuing a modest housing construction incentive. "Those are the highlights of the FY27 budget," Will said.
Trustee Grant moved to adopt resolution 2026‑URA‑03 and the board approved the motion by voice vote with the chair casting a supporting vote.
The URA also authorized an amendment to an intergovernmental agreement (IGA) with the city to add an Exhibit A that will track approved projects and amounts, and adopted a supplemental FY25–26 year‑end budget (resolution 2026‑URA‑02) to appropriate funds received from the city for an information‑engagement campaign and to remove unused appropriations for the modest housing construction incentive.
Will reported additional administrator updates: ODOT's jurisdictional transfer for R 281 has received the required signatures and the roadway will transfer to city control on July 1 at noon; Business Oregon has closed out the SB1530 grant for Mariposa Village (approximately $2.3 million) and documented compliance; and Will said he will present the moderate‑income revolving loan program to Hood River County on June 15 to pursue an IGA for tax collection services.
Next steps: URA staff will record the IGA amendment, implement the supplemental budget items and coordinate with the city for the July 1 jurisdictional transfer and loan‑program outreach.
