Notice of Action Plan & Income-Rent Limits Community Hearing City of Portland One-Year Action Plan FY 2024-2025 2024 Income and Rent Limits for Affordable Housing Programs

Notice of Action Plan & Income-Rent Limits Community Hearing City of Portland One-Year Action Plan FY 2024-2025 2024 Income and Rent Limits for Affordable Housing Programs The Portland Consortium includes the City of Gresham, the City of Portland, and Multnomah County. An approved five-year Consolidated Plan and annual Action Plans are requirements to receive federal entitlement funding from HUD for the four affordable housing and community development programs: CDBG, HOME, HOPWA, and ESG. In Fall 2021, HUD approved the Consortium’s five-year Consolidated Plan (FY 2021-25) and the first Action Plan of the cycle. The fourth annual Action Plan FY 2024-25 for the City of Portland details the levels of funding available for the aforementioned programs for the upcoming fiscal year with project-specific allocations and goals. The Department of Housing and Urban Development (HUD) sets income limits that determine eligibility for assisted housing programs. HUD develops income limits based on Median Family Income estimates and Fair Market Rent area definitions for each metropolitan area, parts of some metropolitan areas, and each nonmetropolitan county. Portland-specific income and rent limits applicable to area affordable housing programs are based on HUD calculations for the Portland-Vancouver-Hillsboro, OR-WA MSA. This notice is to announce a hybrid community hearing for the Portland Action Plan FY 2024-25 and the 2024 Income and Rent Limits to share the highlights of the Plan and the limits and to invite public comments. Following are the relevant details of the hearing: City of Portland Action Plan FY 2024-25 & 2024 Income & Rent Limits Community Hearing Tuesday, July 9, 2023, 4:00 P.M.- 5:00 P.M. Attendance Option: In-person or via Zoom Register in advance for this meeting @portland.gov/phb/annual-action-plan-hearing After registering, look for a confirmation email with information to join the meeting and to sign up for testimony. The hearing will be held at Portland Housing Bureau (PHB) located at 1900 SW 4th Avenue, Suite 7007, Portland, OR 97201. While registering, indicate whether you will attend in person or will join us via Zoom. Please contact us at 503-823-2375 for additional information about attending in person. The City of Portland is committed to providing meaningful access. To request translation, interpretation, modifications, accommodations, or other auxiliary aids or services, contact 503-823-9313, or Relay: 711, at least five business days before the hearing. Portland’s Action Plan FY 2024-25 will be available on our website Consolidated Plan/Action Plan Portland Consortium for public review and comments starting Wednesday, June 26, 2024. Public comments will be taken over a 31-day comment period ending on Friday, July 26, 2024. Physical copies will be made available upon request. Details on 2023 Income and Rent Limits can be found at 2024 Income and Rent Limits. For more information on the Action Plan or to submit written comments please contact Uma Krishnan, via e-mail: Uma.Krishnan@portlandoregon.gov; for information or comments on income and rent limits please contact Antoinette Pietka, via e-mail: Antoinette.Pietka@portlandoregon.gov Published June 21, 2024. BT332095

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