Local News

Affordable Housing Fee Continued, But Adjusted

Builders in Bend will continue to pay a fee that is earmarked for affordable housing projects; but the amount of the fee is now lower. Wednesday night, the Bend City Council voted to renew the fee that was going to sunset.  The measure had to be adopted under an emergency clause to meet a state deadline, and the vote had to be unanimous. “The important thing is that it passed. That the fee is continued, and that it will continue to help the city.” Central Oregon Veterans Outreach Board President Roger Riolo said the fee helps organizations purchase apartments and other buildings for affordable housing. This program helped Christine Hubinik move from crisis housing to an apartment. “We have this very typical American lifestyle as opposed to having this very troubled and traumatic and potentially scarring life of living in transitional housing.” The Council voted to lower the fee to one-fifth of one percent from the current one-third of one percent of the value of new construction.   For example: on a $200,000 home, builders would pay $400 towards the affordable housing fund.

 

 

Share

On Air Now

Mark Levin
Mark Levin
3:00pm - 6:00pm
Mark Levin

FlashAlert

KBND ON FACEBOOK

News Disclaimers