Mayor Ted Wheeler and the Portland City Council have appointed five independent community members to oversee the expenditure of the City’s first general obligation affordable housing bond. The $258.4 million bond, approved by voters in November 2016, will allow the City to build and preserve an additional 1,300 units of affordable housing.
Bond Oversight Committee (BOC) members:
• Stephen Green, entrepreneur/community member, appointed by Mayor Wheeler
• Susan Emmons, housing advocate, appointed by Commissioner Fritz
• Jes Larson, Welcome Home Coalition, appointed by Commissioner Saltzman
• Allan Lazo, Fair Housing Council of Oregon, appointed by Commissioner Eudaly
• Todd Struble, Asian Pacific American Network of Oregon, appointed by Commissioner Fish
The members of the Bond Oversight Committee will serve five-year, renewable terms. Learn more about the individual members here. The committee is expected to begin meeting in late Spring, following a public process to develop a framework for implementation. The committee will oversee the financial, fiduciary, and compliance responsibilities related to bond funds.
For more information on the committee and the Affordable Housing Bond, visit www.portlandoregon.gov/phb/bond