The 2024 legislative session is in full swing, and Oregon Gov. Tina Kotek’s proposal to address the state’s housing shortage with a multi-million dollar boost is starting to gain momentum.
$500 Million Housing Production Bill Proposed iheart.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iheart.com Daily Mail and Mail on Sunday newspapers.
Senate Bill 611 saw housing and tenants rights advocates pushing for greater consumer protections to prevent displacement, while landlords and property management groups argued any increased regulations would make the state a less attractive place for developers who might otherwise add to Oregon’s much-needed housing stock. Some critics, like Rep. Kim Wallan (R-Medford), suggested presenting any kind of rent cap would trigger many landlords to automatically raise the maximum amount of rent allowed each year.
The Skanner News - What the New Rent Control Bill Means theskanner.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theskanner.com Daily Mail and Mail on Sunday newspapers.
Oregon notches record gains toward taming housing shortage oregonlive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oregonlive.com Daily Mail and Mail on Sunday newspapers.