Wednesday, November 18, 2009

Central Oregon Awarded $3.89M for Affordable Housing

Central Oregon Awarded $3.89M for Affordable Housing. The real estate market has declined and rent rates are lower across Central Oregon, but the need for affordable housing is still in high demand. Affordable Housing in Central Oregon

According to an article in todays Bend Bulletin, the state housing agency has awarded approximately $3.89 million in grants, tax credits and loans to contractors in an effort to repair and add additional affordable hosing in the area. These funds will help maintain section 8 housing through out Central Oregon including Quimby Apartments in Bend, the High Desert Commons Project in Redmond and Grasshopper Village in Prineville.

This is good news for the more than 78,000 low-income rental households in Crook, Deschutes and Jefferson counties.

Read the whole article - Affordable housing gets a boost on the Bend Bulletin online.

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Bend, Oregon, United States
Real Estate Broker with Taft Dire LLC We're here to help you navigate this roller coaster ride of a real estate market! Don't spend countless hours researching and sifting through ads to get your real estate answers - let us do the research for you. Email your questions and We'll provide the answers along with the links so you can see it all for yourself. When you are ready to buy or sell your home We'll guide you through the process with the best service and best fees you'll find in Central Oregon - or anywhere else.