Portland Commissioner Carmen Rubio, who oversees the city's massive clean energy fund, said Wednesday she will propose investing more than $500 million in projected unanticipated revenue into climate-friendly projects managed by city bureaus as well as affordable housing and a "climate resilient" Keller Auditorium. Dave Killen / The Oregonian
Portland’s cash-rich fund that aims to bankroll clean energy projects and jobs could see a staggering $540 million in unexpected revenue in the next five years, according to the latest city forecast.
The projected windfall comes just months after Portland leaders approved $750 million in climate-action initiatives through the voter-approved program, the largest such investment in city history.
If you purchase a product or register for an account through a link on our site, we may receive compensation. By using this site, you consent to our User Agreement and agree that your clicks, interactions, and personal information may be collected, recorded, and/or stored by us and social media and other third-party partners in accordance with our Privacy Policy.