Investing in a growing region Washington County Board of - PowerPoint PPT Presentation

Investing in a growing region Washington County Board of Commissioners Sept. 17, 2019

The big picture 2

It’s time to invest. • Affordable homes for our communities • Protecting parks and natural areas • Safe, reliable and affordable transportation 3

Metro affordable housing bond • First of its kind regional housing measure • 3,900 affordable homes for 12,000 people: • 1,600 deeply affordable (less than 30% AMI) • At least half sized for families (2 or more bedrooms) • Lead with racial equity • Opportunity for those most in need 4

339 affordable homes underway 5

Parks and nature bond proposal November, 2019

If passed, the bond would.. Continue a property tax at the current rate of $0.19 per $1,000 of assessed value Cost about $4 per month for a home assessed at $250,000 Raise $475 million Fund projects in Clackamas, Multnomah and Washington counties

Six proposed program areas: 1. Land purchase and restoration 2. Metro park improvements 3. Nature in Neighborhoods grants 4. Local parks and nature projects 5. Walking and biking trails 6. Complex community projects

Let’s get moving. Potential 2020 funding measure A better, safer, more reliable transportation system for all Focus on priority corridors & regional programs 9

A foundation of engagement 2018 Regional Transportation Plan Discussion forums Broad online engagement Local Investment Teams Community Partnerships 10

Transportation Funding Task Force • Elected officials • Business • Community • Transportation 11

Council/Task Force outcomes • Improve safety • Prioritize investments supporting communities of color • Make it easier to get around • Address climate change • Support resiliency • Support clean air and water and healthy ecosystems • Drive economic growth • Leverage regional and local investments 12

Priority corridors 13

Washington County Tier 1 corridors Southwest Corridor TV Highway 185 th Ave Burnside/Barnes 14

Regionwide programs Benefits beyond corridors Meeting community needs, based on community voices Capital & non-capital Advancing measure outcomes 15

Timeline overview Account- Corridors & Regionwide Corridor Revenue Final ability & outcomes programs projects mechanism package oversight Spring Summer Fall Spring 2020 Late spring 2020 Winter Local Investment Teams 16

#getmoving2020