Posts tagged Policy & Industry Support
Message from Traci: HDC prepares to deploy SB 51 funds to stabilize properties.

With the passage of Senate Bill 51, the Oregon legislature voted to invest $3.3 million to strengthen property and asset management capacity at affordable housing properties. The funds will be funneled through HDC. Our promise is to work strategically and collaboratively to maximize the impact.

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Message from Traci: Predictability and coordination are keys to boosting housing production.

Oregon’s state housing finance agency is engaged in an effort to improve the way it deploys resources to get more affordable rental housing built. Let’s use this opportunity to create a system that empowers Oregon housing providers to craft projects that meet community needs, knowing they will have workable paths to get them funded.

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To make full use of RLRA during its rollout phase, we need to untangle project underwriting issues.

The new Regional Long-Term Rent Assistance (RLRA) program lowers housing costs for people experiencing or at high risk of homelessness in the tri-county Metro area. But until RLRA is permanently funded, project-based RLRA users face future budgetary uncertainties that limit the impact of this valuable resource.

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