Description
A request to combine the Cumberland and Boyd housing tax-increment financing districts into one, unlocking both 9% and 4% federal housing tax credits for the project. Recommended 4-0.
Impact summary
No new cost to the city, but the project secures 81 designated affordable homes with a deeper affordability mix.
Applicant
- Name
- Portland Housing Development Corporation
At a glance
- Hearings
- 1
- Public comments
- 1
- Total mentions
- 1
Last vote · Housing & Economic Development Committee
A recommendation, not a final decision. City Council decides next.
Discussed at 1 meeting in the last 60 days; most recently Sep 15, 2026.
Meeting timeline (1)
Related issues (2)
Boyd/Cumberland Affordable Housing TIF
The council amended the affordable housing TIF district and its credit enhancement agreement — tools that help fund affordable housing development in the district.
Cumberland Housing AHTIF District amendment
First readings on amending the affordable housing TIF district and its credit enhancement agreement supporting the Boyd and Cumberland Housing developments.
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