HOME Committee - 4/2/2026 - 1:30 PM

The City of Bend, Oregon HOME Committee convened on April 2, 2026, to discuss housing-related funding strategies and policy options. Key procurement-related topics included a detailed presentation on potential voter-approved general obligation (GO) bonds for affordable housing, explaining the legal framework, revenue implications, and administrative considerations. The committee reviewed the city's existing $10 million general fund from property sales and discussed its allocation toward affordable housing programs, infrastructure revolving loan funds, and shelter services. The discussion emphasized the need for clear ballot language defining affordable housing parameters, potential bond sizes, and the political viability of such measures. Additionally, the committee explored alternative financing mechanisms such as 501(c)(3) housing bonds and land value tax reforms, highlighting legislative prerequisites and long-term impacts on housing affordability. The meeting concluded with plans to prioritize funding options in upcoming sessions, aiming to align revenue generation with housing production goals and council objectives.