Definitions and Acronyms

Portland Bureau of Transportation, City of Portland

Native American, African American, Latino, Asian, Slavic, and African immigrant and refugee people or communities (per Coalition of Communities of Color).

Portland Housing Bureau

Portland Permitting & Development

Funding to cover up front project costs such as architectural, engineering, legal, and environmental services that are incurred before the funds to pay for project construction are available to the developer.

Federally subsidized property now at risk of opting out or prepayment, which would result in the loss of affordability commitments and project based Section 8 subsidies. Pro forma Income and Expense: a statement showing the projected annual income and operating expenses of a project.

Pro forma, is a schedule that includes a rent schedule, anticipated operating expenses, vacancy rates, and all other information pertinent to the operation of the property. Operating income and expenses are generally projected for at least ten years.