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PNS Daily Newscast - June 14, 2019 


Hundreds of companies urge Trump to resolve tariff dispute with China. Also on our Friday rundown: California moves closer to universal health coverage. Plus, new Gulf restoration projects – a decade after the Deepwater Horizon spill.

Daily Newscasts

Helping Oregonians Find a Place to Call Home

July 18, 2007

Finding affordable housing is increasingly difficult in Oregon and across the country, and now Congress is looking at a new plan that could help. They're considering a bipartisan bill that would create the National Affordable Housing Trust Fund. Michael Anderson with the Community Development Network says it's critical because homeless numbers around the country are creeping towards Depression Era levels.

“This is a much needed step in the right direction to looking honestly at the way the housing market doesn't take care of working people, seniors and people with disabilities.”

The proposed fund would help build, rehabilitate or preserve 1.5 million new housing units over the next ten years. The bill has strong support from housing advocates, religious leaders and the National Association of Realtors.

Anderson notes that currently mortgage interest deduction is the biggest federal subsidy for affordable housing, but that it's not reaching the people who need it most.

“It all goes to homeowners and the preponderance to people with their second, third homes, multi-million dollar homes, because you simply get more back in taxes.”

Dondrea Warner/Jamie Folsom, Public News Service - OR