Oregon Adds Nearly 14,000 Affordable Homes With 40,000 More In The Pipeline But Building Still Falls Short Of Targets

Oregon Governor Tina Kotek released new data yesterday indicating that, with state support during her administration, nearly 14,000 affordable homes have been financed or built and that, through newly available land opportunities and infrastructure, more than 40,000 future homes have been added to the pipeline.

 

Governor Kotek’s Administration Increases Housing Supply

When Governor Kotek took office in 2022, she challenged Oregonians to do everything possible to increase housing supply.

On her first day in office, Governor Kotek signed Executive Order 23-04, establishing the Housing Production Advisory Council and identifying the number of homes needed for a healthy housing market.

An annual assessment of housing need and progress- an Oregon first, which helps gauge needs. The current production goal to meet current and future needs is 29,522 homes per year over the next decade.

Tidings Insight
The 29,522 homes per year target combines catching up on today’s shortage with building enough homes for future growth so the gap does not keep widening every year.

 

Here is how Oregon’s actual housing permits compare to statewide production goals:

Tidings Data Snapshot
Housing Goals vs Permits In Oregon
Recent permit data shows Oregon falling well short of both the original and updated statewide housing targets:
Target – 36,000 homes per year (original statewide goal)
Target – 29,522 homes per year (OHNA methodology)
2023 permits – 17,697 homes (49% of 36k target)
2024 permits – 14,270 homes (40% of 36k target)
2025 projected permits – 11,184 homes (31% of 36k target)

Source: Oregon Housing Needs Analysis (statewide 29,522 target) and 2023–2025 residential permit data cited by Oregon’s Office of Economic Analysis and legislative housing reports
Dailytidings.com

 

The newly released data shows accelerated construction, unlocked land opportunities, and propelled long-term local planning to meet housing needs as the state government worked to fill in the gaps and lean into what works- better coordination across agencies, bipartisan new laws, and strategic investments that deliver results.

 

Governor Kotek said:

“These initial outcomes show the potential that, together, we can work our way out of this crisis.”

 

Since January 2023, the statewide housing outcomes are:

  • 13,821 affordable housing units financed or opened with state support
  • Over 40,000 future homes unlocked through new land opportunities and infrastructure investments
Tidings Data Snapshot
Housing Gains Under Kotek’s Administration
13,821
Affordable homes financed or opened with state support since Jan 2023
40,000+
Future homes unlocked through land and infrastructure investments
21
Local housing production plans approved statewide
205,000
Potential homes in those plans over the next two decades
$1.5B
State investment for affordable rental and ownership projects in 2023–27 budgets

Source: Governor’s housing production announcements and 2023–2027 state housing budget summaries
Dailytidings.com

 

The outcomes were made possible by legislation from 2023 to 2025, which created a suite of new housing tools to free up land for housing, support cities, and invest in infrastructure projects needed to start new housing construction.

In the 2023-2025 and 2025-2027 biennia, Governor Kotek secured a historic $1.5 billion for affordable rental and homeownership projects.

In 2025, the Governor moved to legalize and incentivize the construction of housing for every kind of family, such as duplexes, triplexes, and cottage clusters.

In addition to 13,821 units directly tied to state financing and over 40,000 future units resulting from state investment, the Governor’s administration has approved 21 local housing production plans, representing the potential for 205,000 units over the next two decades, with more approvals forthcoming.

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