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The Oregon Housing Stability Council approved $103.5 million in funding for affordable housing projects across the state of Oregon, including two developments in Phoenix. The Phoenix Corner and Pacific Flats developments received $15.3 million and $13.5 million respectively to build affordable housing.
The Oregon Housing Stability Council approved $103.5 million in funding for affordable housing projects across the state of Oregon, including two developments in Phoenix. The Phoenix Corner and Pacific Flats developments received $15.3 million and $13.5 million respectively to build affordable housing.
A total of $103.5 million will go toward 10 affordable housing developments across Oregon to help with the statewide housing crisis. The Oregon Housing Stability Council announced the funding for the Local Innovation Fast Track program on Tuesday. “Lack of affordable housing is a top concern for many people across the state and we must continue to pursue measurable progress,” OHSC Director Andrea Bell said in a statement.