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  "path": "/news/ritz-carlton-developer-will-finally-pay-city-nearly-8-million-for-affordable-housing-projects/",
  "publishedAt": "2026-04-08T00:50:42.000Z",
  "site": "https://www.portlandmercury.com",
  "tags": [
    "News",
    "affordable housing",
    "development",
    "homelessess",
    "housing",
    "real estate",
    "Ritz Carlton Building Owner To Finally Pay City For Affordable Housing Projects",
    "Portland Mercury"
  ],
  "textContent": "The city of Portland has finally reached an agreement with owners of the downtown Ritz Carlton building that will add nearly $8 million in funding for the city’s affordable housing projects. The city and Ready Capital signed an amended agreement March 20 ensuring the city will see $7.76 million plus interest to use for affordable […]\n\nThe post Ritz Carlton Building Owner To Finally Pay City For Affordable Housing Projects appeared first on Portland Mercury.",
  "title": "Ritz Carlton Building Owner To Finally Pay City For Affordable Housing Projects"
}