Portland Housing Bureau — Part 1 of 3

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Breadcrumb: 4 ced › Community-and-EcDev---Vol-1 › Portland Housing Bureau

Portland Housing Bureau Community & Economic Development Service Area Portland Housing Bureau Donnie Oliveira, DCA - Community & Economic Development Helmi Hisserich , Director Portland Housing Bureau 2.8% City Budget 97.2% Safety Off The Streets 9.2% Administration and Support 7.7% Rental Srvcs Pol and Plan 3.0% Other 7.7% Homeowner Access and Retention 5.8% Affordable Multifamily Development 66.6% Bureau Overview Requested Revised Total Change from Percent Requirements FY 2024-25 2025-26 Prior Year Change Operating $335,655,955 $234,273,078 $(101,382,877) (30)% Capital Total $335,655,955 $234,273,078 $(101,382,877) (30)% Authorized Positions 89.00 89.00 — —% City of Portland, Oregon - FY 2025-26 Requested Budget 27

Portland Housing Bureau Community & Economic Development Service Area PortlandHousingBureau BureauDirector HelmiHisserich Title PolicyandPlanning BusinessOperations DeputyDirectorII Title andEquity Regulatory Finance& Policy Compliance Accounting Development Administrative Contractong DataAnalysis SupportServices Services  OfficeofRental HR&Payroll  Services Communications FairHousing  andCommunity  Engagement Inclusionary Housing Affordable MultiͲFamily  Housing TaxExemption  Metroand Portland Bond System Development  ChargeWaivers Homeownership Retention Legislative& Intergovernmental  New Relations Homeownership Financial  Assistance CityofPortland,Oregon–FY2025Ͳ26RequestedBudget 28 City of Portland, Oregon - FY 2025-26 Requested Budget

Portland Housing Bureau Community & Economic Development Service Area Bureau Summary Bureau Summary Bureau Mission The mission of the Portland Housing Bureau (PHB) is to foster an inclusive and sustainable city by creating stable and long-term housing opportunities for Portlanders. We fund affordable housing, ensure protections for renters, and preserve existing homes. We are guided in our work by a vision that all Portlanders should have safe, affordable, stable, and dignified housing, built upon a foundation of sustainability, resilience, and community partnership. Bureau Overview To achieve the City’s housing goals, PHB implements programs and policies in four key areas:  Production and Preservation: PHB finances the construction and preservation of affordable housing— through both direct financing as well as indirect subsidies, such as tax exemptions and fee waivers. PHB-funded housing is required to remain affordable at targeted incomes for up to 99 years. PHB currently regulates a portfolio of 18,000 units of affordable housing throughout the city.  Homeownership: PHB funds programs to increase homeownership for vulnerable and Black, Indigenous, and People of Color (BIPOC) communities, including down-payment assistance loans and homebuyer education.  Preventing Displacement: PHB uses a variety of strategies to stabilize vulnerable renters and homeowners, especially in North/Northeast and East Portland. Strategies include supporting and implementing new tenant protections, funding legal services, and providing home repair grants and loans to help low and moderate-income homeowners retain their homes. Our Team 89 Staff Members: Housing staff have backgrounds in housing policy, financing, development, construction, and regulation, as well as landlord/tenant regulations, and a finance and accounting team. Since 2012, the diversity of PHB’s staff has increased 36 percent, and currently 73 percent of the bureau’s workforce are women. City of Portland, Oregon - FY 2025-26 Requested Budget 29

Portland Housing Bureau Community & Economic Development Service Area Executive Leadership The Portland Housing Bureau is led by:  Helmi A. Hisserich, Director  Angel Landrón González, Deputy Director  Leslie Goodlow, Equity & Business Operations Manager  Josh Roper, Policy & Planning Manager Major Work Groups  Affordable Multifamily Production: Oversees funding, construction, and compliance for Portland Housing Bureau-supported multifamily affordable housing development.  Neighborhood Housing Preservation: Promotes homeowner stabilization via repairs, grants, and loans, and promotes low- to moderate-income homeownership opportunities.  Rental Services Office: Provides technical assistance and information on landlord-tenant laws via a helpline and manages eviction legal defense and landlord-tenant mediation programs.  Housing Policy: Manages the North/ Northeast Neighborhood Housing Strategy, Tax Increment Financing (TIF) district planning, coordinates with state, county, and federal housing departments. The Cully TIF district was recently launched. Additionally, work on six new TIF districts in Central City and East Portland, adopted by the City Council at the end of 2024, is now underway. 30 City of Portland, Oregon - FY 2025-26 Requested Budget

Portland Housing Bureau Community & Economic Development Service Area Recent Accomplishments  Affordable housing production more than doubled in the latter half of the 2010s. Since 2015, PHB has created 4,433 new affordable units, with 2,638 in the pipeline. PHB successfully implemented the Portland and Metro housing bonds, exceeding total unit targets for both by over 40%.  $135M has or will be allocated to address displacement in historically Black neighborhoods of North and Northeast Portland, resulting in 553 new affordable rental units open with 315 in development, 127 first-time homebuyers, and 1,100+ home repairs so far. PHB developed a nationally recognized Preference Policy to prioritize displaced North and Northeast Portland community members for affordable housing.  Administered $100+ million in COVID recovery programs providing rent and mortgage assistance, eviction prevention, and emergency cash assistance. These programs have assisted 50,000+ Portlanders.  In partnership with the Cully community and Prosper Portland, PHB received City Council approval to establish a Cully TIF District dedicated to stabilization and anti-displacement for businesses and households.  The Development Incentives program has produced 1,200+ regulated affordable housing units in market-rate projects via mandatory and voluntary development programs.  In October 2017, Portland and Multnomah County adopted parallel resolutions to create 2,000 new units of supportive housing to address chronic homelessness by 2028. To date, 2,312 are already open or in progress. Coming to City Council  10-Year Report on the N/NE Neighborhood Housing Strategy. This report will highlight several accomplishments including the N/NE Preference Policy, which has been duplicated in multiple jurisdictions across the country.  2024 State of Housing in Portland Report. A nationally recognized report on demographics, housing stock, policies, and programs.  Major multi-family affordable housing projects, including 230 affordable homes in the Broadway Corridor development area.  New TIF District Action Plans for six districts. Includes five-year housing strategies.  RFP for online housing locator tool to help low-income Portlanders find affordable homes.  Best practices study of land banking for affordable housing. City of Portland, Oregon - FY 2025-26 Requested Budget 31

Portland Housing Bureau Community & Economic Development Service Area Challenges and Opportunities  Affordable housing shortage: The Portland region needs 22,000 new affordable housing units by 2045. Over half (53%) of all renters in Portland are cost- burdened, and 1 in 4 renters are paying more than half their income on rent.  Declining local and state funding: Since 2015, the bureau has financed 7,000 units of affordable housing with TIF, Portland’s Housing Bond, and Metro Bond funding. The bond funds have been fully spent or earmarked, and Portland will soon be faced with a decision about how to continue funding affordable housing development. State resources have also been constrained.  New tax increment funding (TIF) districts: Portland is the only major city on the West Coast with TIF. At the end of 2024, the City Council adopted six new TIF districts in Central City and East Portland, which will be able to fund homeownership and home repair in the near term, and eventually multi-family development.  Renters and the rental market are facing tremendous pressures: Since the COVID-related safe harbor tenant protections have expired; Portland and Oregon renters have experienced eviction rates higher than in pre-pandemic times.  Homeownership rates for BIPOC households continue to widen compared to white households: Despite this, PHB has a continued commitment to equity, focusing resources on reversing these trends via strategic initiatives such as the N/NE Preference Policy, which gives preference to housing applicants who were displaced, at risk of displacement, or the descendants of families displaced due to urban renewal.  Deepening strategic partnerships with local organizations: The local housing ecosystem has a wealth of highly effective organizations such as Home Forward, Metro, the Multnomah County Homeless Services Department, and 80+ community organizations. Five-Year Priorities  PHB’s primary challenge over the next five years is to sustain affordable housing delivery levels and preserve existing affordable units amidst significant resource reductions. Federal entitlement grants (CDBG/HOME/ HOPWA/ESG) and Portland Clean Community Benefits Energy Fund (PCEF) dollars are crucial to continuing this work until the six new TIF districts in the Central City and East Portland generate sufficient funding, which is estimated to take between five to ten years. Long-Term Financial Outlook As existing TIF and bond resources expire, PHB will experience a funding decline for affordable housing and home ownership programs over the next three years. Starting in FY25-26, PHB will start receiving the full returning TIF funds as General Fund (GF) Discretionary allocation. The increase in GF ongoing allocation will help the bureau address the funding gap created by expiring TIF and bond resources to cover operational costs besides providing funding for homeownership programs. The Returning TIF set aside is necessary to deploy funds for delivery programs and 32 City of Portland, Oregon - FY 2025-26 Requested Budget

Portland Housing Bureau Community & Economic Development Service Area retain operational capacity as TIF declines and slowly rebuilds. Additionally, the resources will help convene partners to meet the housing needs of Portland’s residents, in particular Communities of Color and vulnerable communities. Revenue from newly approved TIF districts will gradually begin flowing in in the next five to ten years, enabling the continuation of new affordable housing projects and the expansion of existing programs. City of Portland, Oregon - FY 2025-26 Requested Budget 33

Portland Housing Bureau Community & Economic Development Service Area Performance Measures Actuals Actuals Target Target Strategic Performance FY2022-23 FY2023-24 FY2024-25 FY2025-26 Target Efficiency Average investment per rental housing unit $136,000 $140,000 $150,000 $0 $0 Administrative costs as a rolling three-year average 3% 5% 5% 0% 0% Outcome Average length of time (days) spent in homeless shelter (all populations) 75 75 75 0 0 Number of individuals prevented from becoming homeless 10,000 13,267 10,000 0 0 Number of people housed in newly opened affordable rental units 856 1,400 1,000 0 0 Number of individuals who accessed homeless services, but who had not 5,900 4,841 5,900 0 0 accessed homeless services in the previous two years Total number of homeless individuals placed in permanent housing based on 800 2,183 800 0 0 move-in date Percent of surveyed individuals provided landlord/tenant education that self- 95% 98% 80% 0% 0% report increased understanding of local policy and regulations Percentage of family sized Inclusionary Housing (IH) units permitted 22% 45% 15% 0% 0% Percentage utilization of minority contracts in housing construction (contract $ 14% 17% 10% 0% 0% awarded) Percent of households provided legal services that self-identify as BIPOC 58% 67% 60% 0% 0% Percentage of households receiving home repairs and retaining their homes 12 85% 90% 80% 0% 0% months after services Percentage of households moved from homelessness into housing that 25% 26% 25% 0% 0% subsequently return to homelessness Percentage utilization of minority, women, and emerging small business 32% 30% 30% 0% 0% contracts in housing construction (contract $ awarded) Percentage of privately developed residential units permitted as affordable 10% 8% 10% 0% 0% through the Inclusionary Housing (IH) program Percentage of households receiving homebuyer education or counseling and 16% 10% 10% 0% 0% subsequently purchasing a home Percentage of housing units opened or preserved in high opportunity areas 66% 65% 50% 0% 0% Vacancy rate of units built 0% to 60% median family income 3% 3% 3% 0% 0% Retention rate of households placed in permanent housing at 12 months 75% 87% 75% 0% 0% Percentage of households receiving homebuyer subsidies from Communities of 70% 84% 60% 0% 0% Color Percentage of Inclusionary Housing (IH) units affordable at 60% AMI or below 50% 72% 50% 0% 0% Retention rate of households placed in permanent housing at 12 months (of 80% 80% 80% 0% 0% those successfully contacted) Output Number of households receiving home repairs 502 542 500 0 0 Count of households receiving homebuyer education or counselling 1,277 1,187 975 0 0 Number of households receiving indirect assistance through foregone revenue 121 215 140 0 0 (mortgage credit certifcate, limited tax exemption, and system development charge exemption) Affordable housing units preserved 317 129 150 0 0 34 City of Portland, Oregon - FY 2025-26 Requested Budget

Portland Housing Bureau Community & Economic Development Service Area Performance Measures Actuals Actuals Target Target Strategic Performance FY2022-23 FY2023-24 FY2024-25 FY2025-26 Target Total number of homeless individuals enrolled in housing program 4,920 5,477 4,920 0 0 Number of households provided legal services for housing access or 1,441 1,772 1,215 0 0 stabilization Housing units opened that are newly affordable 514 694 500 0 0 Number of individuals provided landlord/tenant education, informational or 7,088 6,881 3,180 0 0 referral services Number of dwelling units registered with rental registration 81,346 127,597 115,000 0 0 Rolling three-year average of total units opened and preserved 849 902 622 0 0 Number of households provided in-depth housing stabilization services by 1,075 772 385 0 0 community partners Quality Administrative costs as a percentage of bureau level budget 4% 5% 5% 0% 0% City of Portland, Oregon - FY 2025-26 Requested Budget 35

Portland Housing Bureau Community & Economic Development Service Area Summary of Bureau Budget Requested Requested Actuals Actuals Revised No DP Total FY2022-23 FY2023-24 FY 2024-25 2025-26 2025-26 Resources External Revenues Taxes 7,126,617 4,467,469 6,143,540 2,430,887 2,430,887 Miscellaneous Fund Allocations 345,166 0 46,116,133 29,594,596 29,594,596 Charges for Services 9,390,474 8,761,749 9,453,212 12,824,980 12,824,980 Intergovernmental 62,890,305 83,214,060 161,782,797 117,359,368 117,359,368 Bond & Note 0 41,065,000 41,039,048 11,525,560 11,525,560 Miscellaneous 19,887,017 17,607,283 11,589,964 14,730,245 14,730,245 External Revenues Total 99,639,580 155,115,560 276,124,694 188,465,636 188,465,636 Internal Revenues General Fund Discretionary 39,332,438 0 40,199,742 43,168,140 41,970,018 Fund Transfers - Revenue 4,506,591 3,492,594 3,248,859 837,424 837,424 Internal Revenues Total 43,839,029 3,492,594 43,448,601 44,005,564 42,807,442 Beginning Fund Balance 167,335,474 0 16,082,660 3,000,000 3,000,000 Resources Total 310,814,082 158,608,154 335,655,955 235,471,200 234,273,078 Requirements Bureau Expenditures Personnel Services 10,606,790 11,946,210 16,944,911 15,385,107 15,385,107 External Materials and Services 169,635,716 153,584,030 305,216,612 210,055,907 208,857,785 Internal Materials and Services 3,435,005 3,915,841 4,190,176 4,370,376 4,370,376 Capital Outlay 0 24,650 291 0 0 Bureau Expenditures Total 183,677,511 169,470,731 326,351,990 229,811,390 228,613,268 Fund Expenditures Debt Service 1,475,748 1,702,120 1,497,960 1,607,055 1,607,055 Contingency 0 0 4,784,323 1,631,205 1,631,205 Fund Transfers - Expense 2,594,964 2,427,680 3,021,682 2,421,550 2,421,550 Fund Expenditures Total 4,070,712 4,129,800 9,303,965 5,659,810 5,659,810 Ending Fund Balance 123,065,859 0 0 0 0 Requirements Total 310,814,081 173,600,531 335,655,955 235,471,200 234,273,078 Programs Administration & Support (6,926) 272,698 — — — Administration and Support — — 19,067,300 17,658,341 17,658,341 Affordable Multifamily Development — — 243,765,560 152,346,843 152,346,843 Business Services 5,565,420 5,990,286 — — — Data Analytics and System 1,022,364 1,039,225 — — — Director's Office 1,007,633 894,757 — — — Economic Opportunity Initiatives 2,387,906 2,255,523 2,181,347 2,148,627 2,148,627 Equity — 169,200 292,919 243,293 243,293 Fair Housing 2,224 4,403 — — — 36 City of Portland, Oregon - FY 2025-26 Requested Budget

Portland Housing Bureau Community & Economic Development Service Area Summary of Bureau Budget Requested Requested Actuals Actuals Revised No DP Total FY2022-23 FY2023-24 FY 2024-25 2025-26 2025-26 Healthy Homes 412,695 1,330,893 — — — Homebuyer & Foreclosure Education/Counseling — 53,897 — — — Homebuyer Financial Svcs 3,285,369 3,630,975 — — — Homeless Services 115,542 — — — — Homelessness Diversion 1,221,608 580,997 6,505,925 6,751,629 6,751,629 Homeowner Access and Retention — — 16,737,829 13,949,519 13,149,519 Homeowner Retention Svcs 5,024,936 4,579,038 — — — Homeownership 31,776 310,793 — — — Homeownership Development 894,682 242,140 — — — Housing Development Support 1,331,909 2,412,345 — — — Housing Production & Preservation — (63) — — — Inclusionary Housing 1,119,988 1,211,415 1,918,662 1,593,250 1,593,250 Metro GO Bond Multi Fam Rent Prj Finance 23,488,517 47,965,106 — — — New Construction — 516,706 — — — NewAffordableRentalHomes 16,097,891 17,519,932 2,479,654 — — PDX GO Bond Multi Fam Rental Prj Finance 65,825,903 25,775,941 — — — Planning & Policy 1,094,996 795,016 — — — Preservation — 10,977 — — — Preservation & Asset Mgmt 27,227 45,094 — — — Property Management 4,816,910 6,014,206 — — — Rapid Re-housing 7,476,898 — — — — Rehabilitation 480,601 74,125 — — — Relocation Admin 13,601,677 10,156,437 205,058 — — Rental Services 39,043 1,799 — — — Rental Services Policy and Planning 172,523 150,617 — — — Rental Srvcs Pol and Plan — — 6,901,305 7,357,059 6,958,937 Safety Off The Streets 13,314,486 24,305,136 19,384,397 20,959,687 20,959,687 Supportive Housing 10,993,426 11,161,116 6,912,034 6,803,142 6,803,142 System Support Services 2,839,746 — — — — Workforce Development (9,460) — — — — Total Programs 183,677,511 169,470,731 326,351,990 229,811,390 228,613,268 City of Portland, Oregon - FY 2025-26 Requested Budget 37

Portland Housing Bureau Community & Economic Development Service Area FTE Summary Requested Requested Revised No DP Total Salary Range FY 2024-25 2025-26 2025-26 Class Title Min Max No. Amount No. Amount No. Amount 30000062 Accountant I 66,123 86,882 1.00 86,882 1.00 86,882 1.00 86,882 30000063 Accountant II 74,589 93,891 1.00 87,963 1.00 91,053 1.00 91,053 30003976 Administrative Specialist II - 75,442 107,640 1.00 78,415 1.00 78,415 1.00 78,415 CPPW 30003978 Analyst I - CPPW 83,221 118,768 3.00 322,088 3.00 322,088 3.00 322,088 30003979 Analyst II - CPPW 97,510 126,693 3.00 376,687 3.00 376,687 3.00 376,687 30003008 Analyst III 107,266 151,882 2.00 269,133 2.00 269,133 2.00 269,133 30003014 Capital Project Manager III 107,266 151,882 1.00 122,221 1.00 122,221 1.00 122,221 30003030 Coordinator IV 107,266 151,882 3.00 402,958 3.00 402,958 3.00 402,958 30003035 Deputy Director II 142,730 195,354 1.00 172,139 1.00 172,139 1.00 172,139 30003038 Director II 172,723 250,973 1.00 214,644 1.00 214,644 1.00 214,644 30003987 Financial Analyst III - CPPW 107,266 151,882 2.00 248,103 2.00 248,103 2.00 248,103 30001592 Housing Administrative 72,571 96,158 3.00 228,881 3.00 236,799 3.00 236,799 Specialist, Sr 30001590 Housing Business Systems 86,050 113,984 1.00 109,380 1.00 114,863 1.00 114,863 Analyst 30001591 Housing Business Systems 78,021 103,376 1.00 86,050 1.00 88,202 1.00 88,202 Analyst, Asst 30001361 Housing Construction 81,848 108,555 2.00 204,402 2.00 211,558 2.00 211,558 Coordinator 30001362 Housing Construction 90,355 119,787 3.00 308,312 3.00 316,100 3.00 316,100 Coordinator, Sr 30001587 Housing Financial Analyst 86,050 113,984 2.00 198,326 2.00 205,881 2.00 205,881 30001588 Housing Financial Analyst, 78,021 103,376 1.00 82,921 1.00 86,321 1.00 86,321 Assistant 30001367 Housing Lead Grant Program 90,355 119,787 1.00 119,787 1.00 119,787 1.00 119,787 Coordinator 30001369 Housing Loan Compliance 72,571 96,158 1.00 77,048 1.00 80,199 1.00 80,199 Analyst 30001364 Housing Loan Coordinator 78,021 103,376 0.00 0 0.00 0 0.00 0 30001365 Housing Loan Coordinator, Sr 86,050 113,984 3.00 298,248 3.00 309,251 3.00 309,251 30001596 Housing Management Assistant 78,021 103,376 2.00 181,396 2.00 182,967 2.00 182,967 30001363 Housing Portfolio Finance 95,077 125,986 4.00 431,135 4.00 442,159 4.00 442,159 Coordinator 30001595 Housing Program Coordinator 90,355 119,787 14.00 1,508,595 14.00 1,566,708 14.00 1,566,708 30001593 Housing Program Specialist 81,848 108,555 7.00 685,349 7.00 698,491 7.00 698,491 30001594 Housing Program Specialist, 78,021 103,376 7.00 573,621 7.00 623,762 7.00 623,762 Assistant 30003081 Manager I 117,957 168,709 1.00 143,333 1.00 143,333 1.00 143,333 30003082 Manager II 142,730 195,354 2.00 267,602 2.00 317,615 2.00 317,615 30000012 Office Support Specialist II 47,278 67,850 1.00 67,850 1.00 67,850 1.00 67,850 38 City of Portland, Oregon - FY 2025-26 Requested Budget

Portland Housing Bureau Community & Economic Development Service Area FTE Summary Requested Requested Revised No DP Total Salary Range FY 2024-25 2025-26 2025-26 Class Title Min Max No. Amount No. Amount No. Amount 30003096 Public Information Manager 117,957 168,709 1.00 143,333 1.00 143,333 1.00 143,333 30003097 Public Information Officer 99,986 0 1.00 126,694 1.00 126,694 1.00 126,694 30003103 Supervisor I - E 97,510 126,693 1.00 126,693 1.00 126,693 1.00 126,693 30003104 Supervisor II 107,266 151,882 2.00 242,861 2.00 242,861 2.00 242,861 Total Full-Time Positions 80.00 8,593,050 80.00 8,835,750 80.00 8,835,750 30003004 Administrative Specialist III 83,221 118,768 0.00 0 0.00 0 0.00 0 30003977 Administrative Specialist III - 83,221 118,768 1.00 94,536 1.00 57,295 1.00 57,295 CPPW 30001361 Housing Construction 81,848 108,555 1.00 82,971 1.00 86,410 1.00 86,410 Coordinator 30001362 Housing Construction 90,355 119,787 3.00 266,715 3.00 280,344 3.00 280,344 Coordinator, Sr 30001363 Housing Portfolio Finance 95,077 125,986 1.00 95,077 1.00 97,847 1.00 97,847 Coordinator 30001595 Housing Program Coordinator 90,355 119,787 2.00 166,587 2.00 162,802 2.00 162,802 30001593 Housing Program Specialist 81,848 108,555 1.00 83,112 1.00 53,261 1.00 53,261 Total Limited Term Positions 9.00 788,998 9.00 737,959 9.00 737,959 Grand Total 89.00 9,382,048 89.00 9,573,709 89.00 9,573,709 City of Portland, Oregon - FY 2025-26 Requested Budget 39

Portland Housing Bureau Community & Economic Development Service Area CIP Summary Requested Bureau Capital Program Revised Total Project Prior Years FY 2024-25 2025-26 FY 2026-27 FY 2027-28 FY 2028-29 FY 2029-30 5-Year Total Acquisitions 3000 SE Powell Boulevard 0 0 0 0 0 0 0 0 East Burnside Apartments 0 0 0 0 0 0 0 0 Joyce Hotel 0 0 0 0 0 0 0 0 NE Prescott Property 0 0 0 0 0 0 0 0 Westwind Apartments 0 0 0 0 0 0 0 0 Total Acquisitions 0 0 0 0 0 0 0 0 Total Requirements 0 0 0 0 0 0 0 0 40 City of Portland, Oregon - FY 2025-26 Requested Budget

Parent: Community-and-EcDev---Vol-1 · PDF: pp. 547-560