In selecting specific receivers, the Director shall choose either the Housing Authority of Portland, a City bureau, an urban renewal agency, or a private not-for-profit corporation, the primary purpose of which is the improvement of housing conditions within the City. In making the selection, the Director shall consider, at a minimum, the following:
A. The location of the property relative to other properties owned or managed by the receiver.
B. The receiver’s experience in rehabilitating and managing this type of property.
C. The receiver’s capacity to take on additional property management responsibilities.