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Providers urge stabilization aid for King and Parks, nonprofit backs acquisition of rural mobile-home park
Summary
At public testimony, Kimberly Horner of Portland Community Reinvestment Initiatives asked council members to grant stabilization funding to preserve King and Parks and protect residents; Tom Kemper of Oregon Affordable Communities urged approval for John Day Village acquisition and rehabilitation to preserve 25 manufactured-home spaces.
During the public-comment period preceding ORCA presentations, two providers outlined why stabilization and preservation funding matter to existing residents.
Kimberly Horner, executive director of Portland Community Reinvestment Initiatives, said King and Parks (a multifamily LIHTC property) opened during the pandemic and has carried unanticipated debt burdens that imperil long-term affordability. "Writing down the debt would allow King and Parks to operate on a sustainable footing, protect affordability for families who call it home," Horner said, asking the council to consider stabilization resources.
Tom Kemper, founder of Oregon Affordable Communities (OAK), described John Day Village Mobile Home Park near Astoria as a small park with predominantly low- and very-low-income homeowners and said nonprofit acquisition and infrastructure upgrades (septic repair, community building) would preserve affordability for current residents. "I urge your approval of this recommendation," Kemper told the council.
