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Reasons Why

• 44% of Oregon renters cannot afford a two-bedroom apartment at fair market rents.

• High housing costs force many families to choose between paying rent or meeting other basic needs.

• Between 1988 and 2003 housing values in OR rose 183%.

• From the late ’70s to the late ’90s, the poverty rate for working families with children doubled from 7.3% to 15.2%.

• In 2007, 82% of low-income households were renting housing more expensive than they can reasonably afford.

• The Federal Reserve Bank of San Francisco found that OR ranks 49th in rental affordability.

Source: 2009 Network for Oregon Affordable Housing

Press

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November 10, 2009
Oregon Housing Acquisition Fund has received a grant from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) fund for $1,000,000. Read more about this award here.

June 10, 2009
National Housing Trust calls out Oregon as one of two states to be the first to receive Weatherization Assistance Program (WAP) funds through the American Recovery and Reinvestment Act (ARRA). Oregon has an innovative multifamily weatherization program. The program involves Oregon Housing and Community Services (OHCS), the Network for Oregon Affordable Housing (NOAH) and Enterprise Community Partners. Using the database of subsidized properties, Oregon has identified multifamily properties which may qualify for weatherization funds, streamlining outreach to owners.

March 17, 2009
National Housing Conference: NHC partnered with the John D. and Catherine T. MacArthur Foundation to host a symposium entitled “Partners in Innovation: A Dialogue on Federal, State and Local Rental Preservation Solutions,” which brought together experts from across the nation to discuss the vital role that preserving affordable rental homes can play to help address the current housing crisis. Learn more about the event and see pictures of attendees and speakers (including the Oregon coalition). Don’t miss the audio with remarks by new HUD Secretary Shaun Donovan and USDA Secretary Tom Vilsack.

March 09, 2009
Uniting Community Forces for Change
Read Article from the Oregonian

March 09, 2009
The Quiet Rescue
Read Article from the Oregonian

February 26, 2009
Oregon Housing Acquisition Fund Preserves Six Low Income Housing Properties — More than 350 Oregonians to remain in their homes
PDF News Release

February 26, 2009
Thousands of affordable rental homes to be preserved with MacArthur Foundation support — announcement by Governor Kulongoski
PDF News Release

Goodness Magazine Article
A Model of Humanity: The Housing Acqusition Fund Saves Homes
Read Article