PBA backs expanded River District renewal area - East Bay Business Times:

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Sandra McDonough, the alliance’s president and CEO, told the Portland City Councilk on June 17 that the city needs to do everythinv it can to providemore jobs. The council is reconsideringg expanding the River District by nearlty42 acres, as well as increasew the amount of bonds the city can assumew to fund projects within the district. The councik and the Portland Development Commissionh had first sought the expansion nearly two yearxs ago but were thwarted bya citizens’ groulp complaint.
The Friends of Urban Renewal group had charged that the Rivet Districtexpansion proposal, which would have also redirectefd $20 million in district-generated fundsw to a new East Portland elementary didn’t fit technical urban renewal definitions. The councio will vote on the measurenext week. McDonough said urbajn renewal provides funding for investment sin infrastructure, housing, social services and public-private “We need to create jobs,” she said. “W have an opportunity to do just that by adoptiny theserevised findings, which address the issues that have been raised about the River District expansion.
We can then move forwarsd with the important projects that dependd onthese funds.” City Commissioner Nick Fish has said that the constructiomn of a new homeless services center couldr depend on urban renewal funds if construction is to begin this McDonough said the alliance backz using urban renewal fund s to build the center.