PCRI Supports Portland's Affordable Housing Bond

October 18, 2016 · by pcriadmin · PCRI

The 2016 election is full of firsts. One of those is Portland’s first ballot measure dedicating funds to create more affordable housing: Measure 26-179. We know there are currently not enough homes in Portland that are affordable to low-income families (or even many moderate-income ones), which is why PCRI supports and has endorsed this critical measure.

Yes4Homes“For many months now, Portland residents have lamented the soaring cost of housing in their city, but they’ve also felt helpless to do much about it,” said the Portland Tribune in their endorsement of the measure. “The Nov. 8 election offers a chance for them to make a dent in the problem through the best means possible — by actually increasing the supply of affordable places to live.”

The housing this measure will fund will be built to last—and will be required to last and remain affordable for at least 60 years. Street Roots noted that families served by this housing will span generations. Approximately 1,300 safe and stable homes created by this measure would provide housing for up to 58,000 people over the course of six (or more) decades of service.

Will one ballot measure fix the entire problem? No, but will help relieve some of the pressure of our housing crisis. And more importantly, it’s a prudent investment compared to doing nothing. In fact, the cost of a homeless individual spending one night in the emergency room can often be more expensive than rent for an entire year. And this doesn’t consider the challenges of children or adults facing housing instability.

“It’s tough showing up from a tent to earn or learn,” said the Oregonian in their endorsement of the measure.

“Portland’s housing gap won’t be filled soon, but Portlanders should approve the housing bond proposal as an investment in the well-being of the entire city, not just those at the lower end of the income scale,” the Oregonian added. “Prosperity and engaged citizenship, if they are to be valued, can’t be declared until everyone has a home.”

Ballots will be arriving in the mail any day now. Please help us spread the word about this critical measure and, please: VOTE! You can find out more at yesforaffordablehomes.com and pick up informational materials and signs at PCRI’s main office.

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