Oregon lawmakers propose state loan fund to spur more apartment construction

Oregon lawmakers have $500 million less to spend, as economic uncertainty reigns

As they prepare to pass a new two-year budget, Oregon lawmakers have been bracing for news of what disruptive federal policies will mean for the state’s tax revenues. They got their answer Wednesday.In a pivotal forecast, state economists said they expect Oregon will have around $500 million less to spend in the 2025-27 budget cycle than anticipated just three months ago. That outlook — the final number lawmakers will use to ink a budget — could…

Oregon lawmakers propose state loan fund to spur more apartment construction

A bill in the Oregon Senate aims to make new apartment projects on the margin viable in exchange for affordable units.

House Bills on Oregon Water Resources to Double Dip Taxpayers

By Madilynne Clark House Bill 2808 and House Bill 2165 seek to address the Oregon Water Resources Department (OWRD) budget shortfall of $875,000, but through different methods. Instead of choosing which bill offers the best path towards good governance, the legislature is saying, “both.” HB 2808 would increase the permitting and licensing fees related to wells. HB 2165 would provide an increase in funding to OWRD from the general fund of $830,41…