New Lawsuit Aims to Clarify Whether State Bond Dollars Trigger Prevailing Wages  - The New Era

New lawsuit aims to clarify whether state bond dollars trigger prevailing wages  - The New Era

The stakes are enormous for the development of affordable housing. BY NIGEL JAQUISS Oregon Journalism Project In a state that boasts the nation’s second-highest rate of unsheltered homelessness, the largest single source of state funding for affordable housing is at the center of a bitter dispute. That Oregon program, called Local Innovation and Fast Track, or LIFT, helps fund the construction of rental housing for people making 60% or less of m…

New lawsuit aims to clarify whether state bond dollars trigger prevailing wages

In a state that boasts the nation’s second-highest rate of unsheltered homelessness, the largest single source of state funding for affordable housing is at the center of a bitter dispute. That Oregon program, called Local Innovation and Fast Track, or LIFT, helps fund the construction of rental housing for people making 60% or less of median income. It has provided about $1 billion since 2015, and has subsidized housing developments from Medfo…