Cully Affordable Housing Project
From clcwiki
| Cully Affordable Housing Project | ||
|---|---|---|
| Point of Contact | A photo illustrating the project. A photo illustrating the project. | |
| Participating Municipalities | ||
| Portland | ||
| Sectors | Team Organizations | |
| Housing Economic Development"Economic Development" is not in the list (Housing, Community Engagement, Community Development, Anti-Displacement, Urban Renewal, Cultural Arts, Youth Services, Health Services, Transportation) of allowed values for the "Has sector" property. Community Engagement |
Hacienda CDC NAYA Family Center Habitat for Humanity Portland Region Verde Cully Association of Neighbors | |
| Project Description | ||
| Brief Description | No detailed description provided. | |
| Problem Statement/Need | This project aims to address the rising cost of housing and prevent displacement in the Cully neighborhood, ensuring long-term stability for residents. | |
| Goals and Objectives | To preserve and create affordable housing, foster community-led development, and enhance economic opportunities for Priority Communities. | |
| Detailed Description | The project involves acquiring existing market-rate housing for conversion to regulated affordable housing, and developing community-held commercial spaces for small businesses. | |
| Location/Scope | Focused within the Cully Tax Increment Financing (TIF) District, Northeast Portland. | |
| Estimated Costs | $5,000,000€ 4,400,000 <br />£ 3,700,000 <br />CA$ 6,350,000 <br />CNY 31,650,000 <br />KRW 6,127,250 <br /> | Initial Phase |
| Implementation Plan | Phase 1: Land acquisition and initial community engagement (Q1-Q2 2025). Phase 2: Construction and rehabilitation (Q3 2025 - Q4 2026). | |
| Community Benefit | Will provide stable, affordable homes and economic prosperity for low-income residents and people of color, aligning with anti-displacement goals. | |
| Budget & Funding | ||
| Participatory Budget Allocation | $750,000€ 660,000 <br />£ 555,000 <br />CA$ 952,500 <br />CNY 4,747,500 <br />KRW 919,087.5 <br /> | From the 2025 Participatory Budget. |
| Feasibility | High, supported by TIF funds and strong community backing."High, supported by TIF funds and strong community backing." is not in the list (High, Medium, Low) of allowed values for the "Has feasibility" property. | |
| Funding Alignment | Directly aligns with the Cully TIF District Plan's goals for affordable housing and economic development, which allocates at least 45% of TIF resources to affordable housing."Directly aligns with the Cully TIF District Plan's goals for affordable housing and economic development, which allocates at least 45% of TIF resources to affordable housing." is not in the list (High, Medium, Low) of allowed values for the "Aligns with funding" property. | |
| Community Engagement | ||
| Proposed Engagement Activities | Regular community meetings, online surveys, and workshops led by the Community Leadership Committee (CLC), with multi-lingual outreach. | |
| Targeted Outreach | Prioritized engagement with African American, Indigenous, people of color, renters, mobile home residents, and low-income individuals. | |
| Inclusivity Measures | Multi-lingual materials, childcare at meetings, and stipends for community members leading engagement. | |
| Evaluation & Monitoring | ||
| Success Measurement | Measured by the number of affordable units created/preserved, reduction in displacement rates, and increased access to local jobs. | |
| Follow-up with Participants | Annual community reports, participant surveys, and CLC oversight meetings. | |
| Geospatial Data | ||
| Project Location | The following coordinate was not recognized: [Link to interactive map or coordinates, e.g., 45.55 N, 122.62 W].
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| Milestones | ||
| Initial CLC planning (Jan 2025) ground-breaking (Q3 2025) first units completed (Q4 2026). | ||