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Proposed Cully Tax Increment Financing (TIF) District

Prosper Portland and the Portland Housing District have issued a public notice of a public hearing on the adoption of a proposed new Cully Tax Increment Financing (TIF) district. The hearing will be held on November 9 at 2 pm before the Portland City Council.


The purpose and long-term vision of the proposed TIF district is to transform Cully into a place that provides a sense of belonging for its residents, particularly for Priority Communities. This means Cully will have plentiful safe, affordable housing; thriving Black-, Indigenous-, and People of Color (BIPOC)-owned businesses; rewarding employment opportunities; safe and accessible transportation options; parks and open spaces; and a clean and healthy environment and climate resiliency with places and programs that reflect the cultural diversity of BIPOC individuals.

Learn more about the proposed Cully TIF district at the following sites.


Prosper Portland: Prosper Portland is the economic and urban development agency for the City of Portland and is committed to growing quality jobs, advancing opportunities for prosperity, creating vibrant neighborhoods and communities, and collaborating with partners to create an equitable city, with prosperity shared by Portlanders of all colors, incomes and neighborhoods.

https://prosperportland.us/portfolio-items/cully-tif-district-exploration/


City of Portland

https://www.portland.gov/council/documents/report/accepted/819-2022


Living Cully: The collaborative group known as Living Cully works to improve the quality of life for people of color and low-income people living in Portland's Cully neighborhood.

https://www.livingcully.org/tif/about/

https://www.livingcully.org/2022/09/cully-tif-district-update/


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