The latest news of interest to multifamily housing investors in Oregon and Washington.
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Friday, February 10, 2017
Affordable Housing Data Will Not Be Available in Time for Legislative Session
After being called out in an audit in December, the Oregon Housing and Community Services (OHCS) agency has stated they will not be able to complete a statewide affordable housing inventory until after the 2017 legislative session has ended. Lawmakers will have to rely instead on data from the Oregon Housing Alliance, which has compiled a list of federal affordable housing contracts set to expire. While OHCS has compiled a list of both federal and state-backed housing units, it has yet to complete research on expiration dates for these units. Read more.