Here’s a rewritten version of the article, focusing on the core mission of Oregon Housing and Community Services (OHCS) and the impact of the new legislation:
Oregon Boosts Housing Stability wiht Important Legislative Investments
Salem, OR – Oregon Housing and Community Services (OHCS) is set to considerably enhance housing stability across the state thanks to a series of legislative actions that will direct substantial funding towards critical housing needs. These investments underscore a commitment to addressing homelessness, increasing homeownership opportunities, and supporting vulnerable populations, including seniors and Native American Tribes.
At the forefront of these efforts is a $204.9 million allocation to sustain homeless and emergency shelters, providing immediate relief and support for communities grappling with the rising number of unsheltered individuals. This funding is crucial for meeting the urgent needs of those experiencing homelessness and ensuring access to safe,temporary housing.
Further bolstering the state’s housing landscape, $100.9 million has been dedicated to the Local Innovation and Fast Track (LIFT) homeownership program. This initiative is designed to accelerate the progress of affordable homes, making the dream of homeownership a reality for families with low to moderate incomes.
Recognizing the unique housing priorities of Oregon’s nine federally recognized Native American Tribes,the state has committed $10 million to support tribal housing initiatives. This investment signifies a deep commitment to tribal partnership and advancing housing justice for Indigenous communities.
Addressing the specific challenges faced by seniors, $24 million has been earmarked for the Senior Housing Initiative, established through house bill 3589. This targeted investment aims to prevent and reduce homelessness among Oregon’s aging population, ensuring they have access to safe and stable housing.
The legislative session also saw the passage of key bills that set clear goals and expand support for housing access. House Bill 2698 establishes a statewide homeownership goal, providing a measurable benchmark for increasing access to homeownership for all oregonians. Additionally, House Bill 3792 doubles the funding for low-income energy bill assistance, raising the cap from $20 million to $40 million. This expansion will enable OHCS to assist a greater number of households struggling with rising utility costs.
The Housing Stability Council, OHCS’s advisory body, lauded these legislative achievements, stating, “At a time when housing needs are outpacing available resources, state-level leadership and investment are more critical than ever. Amid rising everyday costs,aging infrastructure,and increasing rates of peopel experiencing homelessness,the need to invest in shelter and housing for all-including seniors and Tribal communities-is urgent and undeniable. These housing investments reflect our shared commitment and responsibility to advancing access to safe, stable, and dignified housing for everyone in Oregon-regardless of age, background, or circumstances.”
As OHCS moves forward with the implementation of these vital programs, the agency will continue its collaborative approach, working closely with the Housing Stability Council, legislative leaders, local partners, and community members to bridge existing gaps and ensure that every Oregonian has a place to call home.
About Oregon Housing and Community Services (OHCS):
oregon Housing and Community Services (OHCS) serves as Oregon’s housing finance agency. The agency is dedicated to providing financial and program support that fosters the creation and preservation of quality,affordable housing opportunities for Oregonians of low and moderate income. OHCS administers a range of programs focused on housing stabilization, primarily through grants, contracts, and loan agreements with local partners and community-based providers. For more information, visit: oregon.gov/ohcs.
