“Plan for, maintain and re-invest in infrastructure, including attainable housing, to provide for current population demands and support future economic development opportunities.”
Attainable housing is clearly identified as one of the region’s primary economic development barriers. Housing is both a quality of life and an economic issue. The shortage of quality housing is a deterrent to businesses, particularly those of any size, which seek to employ a local workforce. What are we doing to address the challenge?
- Funding: A new attainable housing loan program is spurring further development. Access the fund here.
- Policy: Cities are conducting buildable lands studies and making difficult policy decisions to address the housing challenge.
- Partnering: We are working with our partners on innovative strategies: Mid-Columbia Housing Authority, Oregon Regional Solutions, Employers and more.
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Annually the region prioritizes infrastructure projects based on the following characteristics:
- Alignment with the Regional Strategy.
- Regional impact.
- Potential availability of funding sources.
- Economic impact.
- Readiness to proceed.
- Alignment with federal priorities.
Prioritization is designed to:
- Inventory and prioritize economic development needs and issues;
- Develop regional consensus on high priorities;
- Develop a tool to promote high priority projects or issues to state and federal funders.