Development News for Bend, Oregon

Affordable Housing Programs and Revenue Mechanisms Under Review by Committee

The committee discussed and provided feedback on various programs and revenue-generating mechanisms aimed at increasing affordable housing. Key discussions included the prioritization of middle-income housing scenarios, preferred programs such as SDC exemptions and city support for land trusts, and preferred revenue-generating mechanisms like affordable housing bonds and rental registration fees. Specific program feedback was gathered for the infrastructure revolving loan fund, rate buy-downs, city support for land trusts, SDC exemptions, and property tax exemptions. The committee also discussed the feasibility and impact of a potential affordable housing bond, Merurl program, and rental registry.