That new arrangement is to partner with a large non-profit based in Portland called Proud Ground that can help families with down payments on homes while Proud Ground takes over ownership of the land the homes sit on. Proud Ground maintains ownership of the ground for 99 years to ensure that the homes that are built under this program remain affordably priced. It is also reasoned that Proud Ground being such a large, fully integrated affordable housing entity, is a good way to go because they’re in touch with federal and state affordable housing funding programs on a daily basis and are thus more likely to produce better results than what small scattered housing advocacy groups/agencies might accomplish.
It was mentioned during the meeting that there are two to three projects targeted for Newport proper and six more expected for property owned by Wilder Homes near the college.
The council also approved a change in the rules that govern the way apartments, condos and multi-unit commercial buildings are listed with the post office. Under the new rules the addresses will be numbered as well as the units themselves. They’ll no longer be allowed to have letters for the units. So, they’ll be addressed like 123 Main, Apt. #7…rather than “G.” The post office has been agitating for years to make it easier for their mail carriers to find the correct units for incoming mail and this is the way they want to do it.
Currently labeled units will remain unchanged, but all new ones will fall under the new numbering rules. The new city ordinance takes effect in about a month.