Oregon Puts $94 Million Toward Senior Housing So Older Residents Can Stay in Their Communities

Oregon will spend $94 million to ensure that its senior citizens enjoy a better quality of life with the launch of four housing programs next month.

Announcing the allocation of the funds yesterday, Governor Tina Kotek said the projects will assist older Oregonians to continue living independently and safely within their existing communities.

New Homes Will Be Constructed, and Existing Homes Will Be Repaired

The combined impact of the programs will repair 1,000 homes to keep the elderly safe in stable housing, build more than 100 new homes, and house over 420 unsheltered older adults experiencing homelessness.

The programs are:

• A $50 million investment via the Elderly and Disabled Bond Program to increase new housing developments for the elderly by 14%.
• Launching the Older Adult Housing Program for $24 million to construct new and affordable rental homes for older Oregonians.
• Investing $15 million to rehouse unsheltered senior citizens.
• Creating the Healthy Homes for Older Oregonians program with the allocation of R5 million for home repairs and renovations to help older people remain safely in their current homes.

“Oregon is doubling down on programs that can deliver real impact for older adults who deserve to age in the communities they’ve called home for decades,” states the governor in a press release.

According to the American Association of Retired Persons (AARP), the top priorities of older Oregonians are aging in place, transportation, and affordable housing.

Earlier this month, Kotek proclaimed May as Older Americans Month.