"It's been in continuous disrepair and derelict circumstances. There were reported firearms, individuals walking out onto the street with assault rifles, drug paraphernalia that you can even find today, a lot of drug use."
"We're all over the place here - this meeting should be suspended. We should get our ducks in a row and come back here and do this properly. I mean it's like a circus - you're saying one thing, and then you're going back. You're kind of changing your answers."
The Homekey project at 1237 San Antonio Road has been in the works since fall 2023, when city and state leaders touted its importance in addressing the local and regional housing crisis.
The Department of Education's failure to properly process discharge applications from vulnerable and sick borrowers is reprehensible. We are simply asking the Department to review their applications on the merits, as is their right.
The insights from this report help us think about potential gaps in the loss mitigation waterfall and the types of homeowners who may benefit from targeted support when they experience a crisis.
The Covenant Homeownership Program provides a zero-interest secondary loan to help cover down payments and closing costs, widely viewed as the first explicitly race-conscious housing finance program of its kind.
Through Community Facilities Districts (CFD), Municipal Utility Districts (MUD), Public Improvement Districts (PID), Community Development Districts (CDD) and reimbursement districts (RD), builders can potentially shift infrastructure costs off their balance sheets and onto special districts that homebuyers ultimately absorb through property taxes without potentially adding debt to the builder's books.
The Portland Housing Bureau has found additional unspent dollars in its coffers, adding to the previous $21 million it found through an audit last year. It is unclear exactly how much money is in the fund, but Council President Jamie Dunphy called councilors over the weekend to tell them they would soon learn of the specifics of what was found in the Housing Investment Fund. He told the Mercury February 2 that he did not yet know how much total funding was available.
First Interstate Mortgage Co.'s income property division has arranged a $2.3-million construction loan and $2.6-million permanent loan for the rehabilitation of an existing three-story building in Pasadena, located at 95 N. Marengo St.
Many buyers assume homeownership is out of reach if they earn less than the area's median income - but that's not always true. From FHA and USDA loans to down payment assistance programs, there are real pathways to homeownership - even if you have little savings.