When the Metro Council referred the regional affordable housing bond to voters, it also adopted a framework developed through months of engagement with partners and community members to guide the bond’s implementation.
The regional affordable housing bond framework includes these core values:
- Lead with racial equity to ensure access to affordable housing opportunities for historically marginalized communities.
- Prioritize people least well-served by the market.
- Create opportunity throughout the region by increasing access to transportation, jobs, schools, and parks, and prevent displacement in changing neighborhoods.
- Ensure long-term benefits and good use of public dollars with fiscally sound investments and transparent community oversight.
Progress update: July 2019
This graphic shows progress made toward meeting the bond’s goals as of July 2019. Metro has committed funding for these homes, which are still in the early stages of development.