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City Council Expands Funding Cap for Affordable Housing in Historically Black Neighborhoods

Flower, pre-rolls, edibles, carts and more. These 4 Days of 420 are for you. The vote increases the maximum amount of funding the city can take from taxes on property that lies within the Interstate Corridor Urban Renewal Area, a 3,990-acre region that s been the focus of community investment grants since 2000. These new funds will go directly back into current affordable housing and community development programs in the area that focus on supporting Black residents who ve been systematically displaced from North and Northeast Portland s historically Black neighborhoods. The decision has raised opposition, however, from those whose families were displaced through a particularly damaging project approved by the city in the 1970s: the expansion of Emmanuel Hospital, now Legacy Emanuel Medical Center, in Northeast Portland s Eliot neighborhood

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