Oregon Senate discusses $880M bonds for affordable housing and military projects

May 02, 2025 | Capital Construction, Ways and Means, Joint, Committees, Legislative, Oregon


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Oregon Senate discusses $880M bonds for affordable housing and military projects
In a recent meeting of the Oregon Legislature's Joint Committee on Ways and Means Subcommittee on Capital Construction, significant discussions centered around funding for military infrastructure and affordable housing initiatives, both of which have direct implications for the community.

One of the key proposals discussed was the request for $29 million in other funds and $20 million in federal funds for various military projects, including a multipurpose machine gun range in Boardman. This facility aims to enhance training capabilities for the Oregon Army National Guard, featuring a 10-lane automated range and supporting structures. The project is nearing completion of its design phase and is expected to bolster the Rees Training Center as a premier training site for the National Guard.

On the housing front, the committee heard strong support for Senate Bill 5506, which seeks to address Oregon's pressing housing needs. The bill proposes $880 million in investments through the LIFT (Local Innovation and Fast Track) program, aimed at developing over 5,500 new homes, including affordable housing and permanent supportive housing for vulnerable populations. Testimonies from various stakeholders highlighted the urgent need for affordable housing, with estimates indicating that Oregon requires an additional 500,000 homes over the next two decades to meet demand.

Several advocates emphasized the importance of preserving existing affordable housing, warning that many properties are at risk of foreclosure and loss. They called for an allocation of $100 million in general obligation bonds specifically for preservation efforts, arguing that maintaining current housing stock is often more cost-effective than new construction.

The discussions underscored a critical intersection of military readiness and housing stability, with both sectors relying on adequate funding and strategic planning to serve Oregonians effectively. As the committee continues to deliberate on these proposals, the outcomes will play a vital role in shaping the future of military infrastructure and housing accessibility in the state.

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