HomeMy WebLinkAbout2008-04 Senate Bill 1073
RESOLUTION NO. 'J.OO~ -()l\
A RESOLUTION ENDORSING OREGON SENATE BILL 1073 TO PROTECT
VULNERABLE HOUSING AND PEOPLE
RECITALS:
A. Federal contracts that have provided affordable homes to seniors, people with disabilities, working families
for the last 20 years or more are about to expire. If the contracts lapse, these households will be at risk of
losing their homes.
B. Preserving Oregon's vulnerable housing saves well over $250 million in potential replacement costs and lost
federal subsidies.
C. Currently, families with children comprise 72% of the people who are turned away from emergency
shelters.
D. When children have a stable home the likelihood of success in school and life is increased.
E. Ashland has 104 existing subsidized affordable units that could be converted to market rate housing upon
completion of their term of affordability or through pre-payment of remaining subsidy in the near term.
F. Ashland is a partner in the Jackson County Task Force developing a 10-Year Plan to End Chronic
Homelessness.
G. The Housing Acquisition Fund proposed as part of Senate Bill 1073 would provide $2 million that would
leverage an estimated $150 million from private foundations, commercial banks and other local
governments.
THE CITY OF ASHLAND RESOLVES AS FOLLOWS
SECTION 1.
The Ashland City Council supports passage of SB 1073 because it will address critical issues of the available
supply of affordable housing and of planning for a long term end to homelessness in Oregon by :
· Investing $2 million to seed a revolving loan fund to help preserve roughly 7000 existing rent-
subsidized affordable housing in Oregon, and
· Investing $750,000 to support development and implementation of local strategies to end homelessness.
This resolution was read by title ~~n accordance ;:;th Ashland Municipal Code. Duly PASSED and
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Barbara Christensen, City Recorder
SIGNED and APPROVED this g..c> day of FebrUCU-~2008