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Do you bend it — Bend is contributing more than $1 million to three affordable housing projects. Mayor Pro Tem Megan Perkins said it would be a combination of rental and home ownership development. “There’s a 59-unit property, and it’s from Housing Works. It’s the College View Apartments, which many of you have seen and heard about. That’s a rental product. The great thing about that project is that it’s right next door. The Rooted Homes development is an affordable home ownership project.” Perkins told KBND News, “The other two projects are one at Thistle & Nest, a 30-unit development, is Bend Redmond Habitat for Humanity’s nine units. These are for down payment assistance. What I like about this is that this fund is “really approaching it from every angle. , service businesses, sometimes funding homeless services, and focusing on home ownership.” Thistle & Nest (pictured) is a townhome development in southeast Bend.
The money comes from the city’s affordable housing fund, and “the building permit fee is 1 percent. In fact, this is Oregon’s first affordable housing fund,” Perkins said. Since its creation in 2006, the Bend Affordable Housing Fund has donated to or created more than 1,000 homes.
The committee tasked with narrowing down the list of possible projects consistently receives more applications than available funding, she said. “The two projects that they did not recommend for funding did not secure the significant amount of state and federal funding needed to make these projects viable, which means these were bad projects. We simply needed to secure funding first and encouraged them to reapply.”
On May 1, City Council members plan to distribute more funding to low- and moderate-income housing projects through the federal Community Development Block Grant (CDBG) program.
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