Oregon Is Spending More Than Ever on Low-Income Housing. A State Law Keeps the Details Secret.
Oregon’s spending on low-income housing has exploded in the past five years. The state has given developers an unprecedented $1.4 billion, and the cost of developing each apartment has nearly doubled, to $540,000.
Reported by 1 outlet — ProPublica. See all sources ↓
Oregon’s spending on low-income housing has exploded in the past five years. The state has given developers an unprecedented $1.4 billion, and the cost of developing each apartment has nearly doubled, to $540,000. Dozens of projects are lined up for an additional $850 million in future state funding. Federal tax credits, which the state oversees, will bring even more money to bear.
Read the full report at ProPublica ↗
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- What's the story?
- Oregon’s spending on low-income housing has exploded in the past five years. The state has given developers an unprecedented $1.4 billion, and the cost of developing each apartment has nearly doubled, to $540,000.
- How widely is it covered?
- 1 outlet, average source rating 9.0/10.
- When was it last updated?
- 7m ago.
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Oregon Is Spending More Than Ever on Low-Income Housing. A State Law Keeps the Details Secret.
Sources1TypeCoverageProPublica