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A. Beginning no later than l2 months
following the issuance of bonds by the City, and continuing annually for a
period as long as the bonds are outstanding, the Portland Development Commission
shall require each project owner of the assisted project to submit a written
report which describes:
1. Number of current employees by job category. 2. Total assessed value and property taxes paid during the
most recent period for the assisted facility or facilities.
B. In addition to the foregoing, owners of multi‑family projects
assisted under this Chapter are required to report annually the number of
residential units occupied by individuals or families who, at the date of
reporting, have low or moderate incomes.
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