Mayor Ted Wheeler may not ask the City Council to spend any more affordable housing bond funds until next January — more than two years after Portland voters first approved the $258.4 million measure at the November 2016 general election.

That is because bond counsel has told the mayor's office that the money can go a lot farther if Oregon voters approve an amendment to the state constitution this November. The amendment would remove spending restrictions on such funds and take effect on Jan. 1, 2019.