The Oregonian, July 20, 2018: For housing promise to black Portlanders, city mulls millions more in debt
The City Council has already dedicated $52 million to implement the plan to help people stay in or move back to Portland’s traditionally black north and northeast neighborhoods.
Progress has been slow. A report issued earlier this year by the plan’s housing oversight board showed very few families have benefited from it. At the time, Mayor Ted Wheeler called a down payment subsidy offered under it an “abject failure.” He said the city is “way off the mark” from meeting its goals.
Officials now say they need more money to make good on promises to black families.
