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MADRAS, OR -- A project to provide Madras with more affordable housing gets underway Tuesday, by Housing Works and NeighborImpact. The plan is to construct six new homes for agricultural workers.

 

Kelly Fisher with Housing Works tells KBND, "Some of the studies we looked at by the American Community Survey show that 42% of households in the city of Madras are rent burdened, which means they're paying more than 30% of their income on their housing. So, we think this will be a really great opportunity to get a family in; and, while they are leasing a home, they're actually getting equity in the property before they even buy it."

 

Those who get the new houses will pay $650 a month in rent for 10 years. After that, they can buy the house for around $125,000.

 

Heart of Oregon Corp's Youth Build Program will supply the labor. Youth Build participants are 16-24 year old high school dropouts who earn a high school diploma and gain construction experience in the program. Fisher says, "It's unique partnerships like this with different organizations, public and private, coming together to create affordable home ownership opportunities. We're really excited that our partners are all working together to make this happen and we look forward to doing more." 

 

Partner groups, government officials and local youth will come together to raise the walls on a new affordable home Tuesday at 11:30 a.m. at Third and H Streets in Madras. 

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