Reports + Articles


New NHC Report shows states' housing costs burden

The National Housing Conference published a report Wednesday, February 19th examining the nation’s housing affordability, finding that 18.1 million households in 2012 were “severely cost-burdened,” meaning more than half of their income went toward housing expenses.

Overall, 15.6 percent of all U.S. households (18.1 million households) were severely housing cost burdened in 2012 and 24.7 percent of all renter households were severely burdened. In Oregon, 25.3 percent of renter households were cost burdened in 2012 – up from 23.2 percent in 2009.

Read the full report here.

— Posted on 2/21/2014

Oregon Housing to Restore Preservation Set-Aside

After a series of NOFA stakeholder input work sessions Oregon Housing and Community Services is proposing a 35% set-aside for preservation projects in their 2014 and 2015 LIHTC NOFAs. They are also considering adopting a broader definition of “preservation project” beginning next year which could include Year-15 tax credit projects and other affordable projects that do not have Project-Based Rental Assistance contracts. The Oregon Housing Preservation Project is working with OHCS to define the expanded universe of projects that will be eligible to access the preservation set-aside. See the OHCS Multifamily Technical Advisory here.

— Posted on 2/13/2014