OR passes homeownership goal, defunds homeownership programs Advocates for homeownership in Oregon are celebrating a new bill which sets targets to boost the state's homeownership rate, currently at 64%, just below the national average but among the lowest in the country.
The bill sets a goal of 65% by 2030, with incremental increases every five years until 2045.
Shannon Vilhauer, executive director of Habitat for Humanity of Oregon, said while the state also needs more rental housing, homeownership brings many long-term benefits, including better education outcomes for children.
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