|This Monday, March 30, the Portland Housing Bureau (PHB) presented its requested budget to the City Council. This is the first budget proposal for the new bureau.
Our proposed budget will enable us to provide and invest in housing across the continuum, including shelters and transitional housing for the homeless; rental housing for the working poor, disabled, and upwardly mobile; and homeownership opportunities. In addition, home retention and foreclosure prevention have taken on special significance in the current economy and in this year's proposed budget.
The next major step is the release of the Mayor’s proposed budget, on April 30. That will be the first indication of whether PHB’s requested decision packages will be included in the City budget. To view the budget submission in its entirety, click here.
In May, the Mayor’s proposed budget will be presented at a public hearing for comment before being considered by the full Council in a vote on the budget in late May.