Interstate Corridor

With its diverse collection of historic residential communities, commercial corridors, and industrial districts, the Interstate Corridor TIF District is focused on capacity-building to support business growth, stabilize communities, and foster equitable job creation.

  • Created

    August 2000

  • District Status

    Sunsetting

Interstate Corridor Map

By the Numbers

  • Total Acres

    3,990

  • Created

    August 2000

  • Prosperity Improvement Program Grants

    $3M

  • Background

    At 3,990 acres, the Interstate Corridor TIF District is Portland’s largest TIF District. It includes a diverse collection of historic communities in north and northeast Portland, composed of older residential neighborhoods interconnected by commercial corridors, with large- scale industrial centers.

    In August 2000, the Portland City Council approved the Interstate Corridor Urban Renewal Area Plan (2000). In July 2011, City Council approved the Amended and Restated Plan, expanding the boundaries of the district along Martin Luther King, Jr. Blvd., Alberta, Killingsworth, Lombard and the St. Johns Town Center.

    N/NE Community Development Initiative

    The North/Northeast Community Development Initiative (N/NE CDI) began in January 2016 with the goal of determining how to spend $32 million in remaining uncommitted TIF resources before the district expires. Prosper Portland convened a Project Advisory Committee composed of members of the Neighborhood Economic Development Leadership Group and other community representatives to guide the development of an action plan for the remaining funds.

    View Action Plan Data

In January 2017, the Portland City Council adopted the North/Northeast Community Development Initiative Action Plan. This plan reflects the input of the Project Advisory Committee as well as the feedback from:

  • Thirty-five stakeholders who participated in group or one-on-one interviews
  • Community members who attended Project Advisory Committee meetings
  • The North/Northeast Neighborhood Housing Strategy Oversight Committee
  • More than 200 community members who participated in community forums held on October 8 and October 20, 2016.

The goal of the N/NE Portland Community Development Initiative Action Plan is to use the remaining TIF resources to foster economic prosperity among communities and individuals who have not fully participated in or benefited from economic opportunities in the Interstate Corridor TIF District.

Prosper Portland recognizes that the African American community and other communities of color have experienced significantly restricted access to employment and wealth creation opportunities within the Interstate Corridor – even while other communities and businesses have seen significant gains. This disparity has hindered economic opportunities and reduced community capacity to support cultural and community assets.

The Plan and the remaining investments are therefore specifically designed to ensure that the remaining Interstate Corridor economic development resources are directed toward long-term and former members of the community who have not benefited from the impact of public and private investments to date.

The North/Northeast Community Development Initiative Action Plan reflects the input of the Project Advisory Committee as well as the feedback from:

  • Thirty-five stakeholders who participated in group or one-on-one interviews
  • Community members who attended Project Advisory Committee meetings
  • The North/Northeast Neighborhood Housing Strategy Oversight Committee
  • More than 200 community members who participated in community forums held on October 8 and October 20, 2016.

The goals of the N/NE Portland Community Development Initiative (CDI or Initiative) are to:

  • increase employment and wealth creation opportunities for long-term and returning residents, business and property owners,
  • strengthen community capacity to produce economic opportunities, and
  • support cultural/community assets.

To achieve these goals, the Initiative established desired outcomes and strategic investment priorities for the remaining $32 million in TIF funds. Investments will be consistent with the District Plan and Prosper Portland’s strategic goals, and will build on complementary, community-led initiatives such as the State of Black Oregon. The Initiative focused on TIF-eligible “bricks & mortar” development projects and also prioritized non-TIF investments that support the goals of the Initiative, such as business technical assistance.

This pie chart shows how money has been spent among the five Action Plan goals. View detailed data about the progress of each Action Plan goal, including the amount of money awarded and demographic information about the recipients.

 

View more Action Plan Data

The Initiative has incorporated public outreach consisting of individual interviews and focus group discussion with key leaders invested in community economic development activities. In addition, the general public submitted their input at community forums held in September 2016 and March 2017.

The committee works in partnership with Prosper Portland in an oversight capacity to implement the Action Plan for the N/NE Community Development Initiative for economic development in the N/NE Interstate Corridor. Committee members use their professional skills and background to inform and drive the agency’s approach and investment of tax increment funding; review progress; and recommend adjustments to improve impact.

The core work of the committee:

  • Lead work with a focus on engagement
  • Support partnerships with community-based organizations and leaders
  • Provide recommendations and oversight on Action Plan direction and investment priorities
  • Assess progress and make recommendations to improve impact
  • Attend monthly meetings and periodic work group sessions

Leadership Committee Roster

  • Isis Harris , IBEW, Oregon Tradeswomen, Constructing Hope
  • Ndamukong Suh, HMS Development
  • Karis Stoudamire-Phillips, Moda Health
  • Tejara Burt, City of Portland
  • Cherie Davis, SEI
  • Nicholas Green, Adidas
  • LaSheera Chambers, Queendom Cuts
  • James Taylor, Vanport Jazz Festival

The TIF District was formed to accomplish multiple goals:

  • Spur mixed-use development along the light rail corridor and station areas while distributing public investment fairly and evenly among other areas within the district.
  • Create new employment and housing opportunities for a range of incomes as well as for existing residents.
  • Develop new housing that supports transit, is compatible with the existing neighborhood, strikes a balance between homeownership and rental, and minimizes displacement of existing residents.
  • Create wealth through expansion of existing businesses, fostering a healthy business environment, and generating family wage jobs.
  • Improve transportation corridors to encourage the use of alternative modes of travel, maintain and improve access, create a pedestrian-friendly environment, and mitigate traffic impacts associated with new growth.
  • Promote community livability through strategic improvements to parks, open space, trails, historic and cultural resources, and community facilities.

Documents

Frequently Asked Questions

Funds and programming planned for the district are still being disbursed and implemented, but no additional funds will be flowing to the district.

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