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Legislative hearing on SB 5702 spotlights housing preservation, university center and bridge funding
Summary
At the Feb. 13 joint Ways and Means subcommittee hearing on SB 5702, advocates urged Article XI‑Q and GO bond allocations to preserve 15,000 at‑risk affordable homes, fund LIFT homeownership, support OSU Cascades’ $42M student health and recreation center, and maintain a $1M Boone Bridge state commitment tied to federal earmarks.
Co‑Chairs opened a Feb. 13 public hearing on Senate Bill 5702, the capital construction bill that sets six‑year expenditure limits for state agency capital projects over $1 million. Dozens of witnesses testified on individual capital requests and on state financing tools needed to preserve and expand housing and campus and transportation projects.
Cameron Harrington of the Oregon Housing Alliance told the committee that “there are over 15,000 affordable homes across this state that are at serious risk in the next decade,” and urged allocation of Article XI‑Q bonds to preserve existing regulated affordable housing. He said 1,947 homes in committee members’…
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