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Subcommittee backs creation of housing infrastructure financing program at OBDD
Summary
The subcommittee moved House Bill 3031 to the full committee; the bill would create a housing infrastructure financing program at the Oregon Business Development Department to fund site and infrastructure work for specified affordable housing projects.
House Bill 3031 was advanced out of the Ways and Means Subcommittee on Capital Construction on June 24. The bill would create a housing infrastructure financing program inside the Oregon Business Development Department and establish the Housing Infrastructure Project Fund to finance site development and capacity‑increasing improvements to transportation, water, wastewater and…
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