Despite a host of compromises over what to prioritize, Portland City Council has yet to decide how to allocate $21 million in funding generated by the city’s Rental Services Office. All three East Portland city councilors—Candace Avalos, Loretta Smith and Council President Jamie Dunphy—cosponsored the bill. One would strip the $5.6 million funding from Prosper and $2.5 million for two other development projects and instead allocate $8.1 million to rent buydowns through PHB. A second option would strip the $5.6 million from Prosper but keep funding for the other two projects in place. “If we expanded what the Portland Housing Bureau is already doing, you can cut rents for the renters in those units by 18 percent,” Green said.