Item 1 · We need affordable homes for hardworking families and our neighbors on fixed incomes
The Housing Alliance requests direct spending of $100 million during the 2007-2009 biennium to build and maintain affordable housing (Click here for printable version).
PROPOSED SOURCE OF FUNDS*
- A modest increase to the existing state document recording fee as an ongoing funding source for affordable housing (at least $60 million per biennium)
- Allocation of lottery funds to support the economic development that is tied to affordable housing ($25 million)
- General Fund appropriation ($10 million)
- Continued utility public purpose fee ($5 million)
*a combination of biennial appropriations and dedicated revenue streams
PROPOSED USE OF FUNDS
Funds raised will be distributed through existing, proven programs to help meet community housing needs and priorities across the state.
Oregon law spells out how these resources will be used: to meet housing needs of low and very low-income Oregonians in both rural and urban areas. Oregon Housing and Community Services has effective programs in place that maximize the impact of state dollars and support community efforts to meet priority housing needs.
Shortages of affordable housing and homelessness affect all areas of Oregon. These resources will fund locally-based strategies to meet the needs of hardworking families an our neighbors on fixed incomes.
Our Priority Uses:
- Develop new housing for low income populations that the market cannot serve, rehabilitate existing rental housing and keep it affordable, and support vulnerable populations with permanent housing plus supportive services
- End and prevent homelessness through housing development emergency intervention
- Maintain a vital network of community-based housing providers
- Put homeownership in reach for more Oregonians
To read more details about the proposed use of funds, click here.
ENDORSEMENT CAMPAIGN:
Help Expand Housing Opportunity in Oregon: Endorse the Housing Alliance proposal for $100 million for Homes for hardworking families and our neighbors on fixed incomes.
The Housing Alliance needs your help! We are asking the Legislature to take bold action to address the affordable housing crisis that is gripping out state. Oregon has the tools to provide needed housing for working families, seniors, people with disabilities and other that have been left behind by the inflating housing market. But in order to access those tools, we need to commit the necessary funding. With your help, we can win $100 million for affordable housing in 2007.
The Housing Alliance is gathering endorsements of our proposal for $100 million for Affordable Housing. If your organization, business, or congregation supports housing opportunity for Oregonians, join hundreds of other organizations in endorsing the $100 million for Affordable Housing. The Housing Alliance’ goal is to gather 500 endorsements before the 2007 Legislative session begins in January.
To find out more about the Housing Alliance Endorsement Campaign, click here.
To see a list of who has endorsed the proposal for $100 million for Affordable Housing, click here.
To download an $100 million for Homes endorsement form, click here.
