Vote YES on Measure 102
VOTE YES ON MEASURE 102: Amends Constitution: allows local bonds for financing affordable housing with nongovernmental entities. Requires voter approval, annual audits
What will change if this measure passes?
Currently, the Oregon Constitution prohibits local governments from using general obligation bond funds to build affordable housing in cooperation with nonprofits and businesses. If Measure 102 passes, this prohibition will be lifted, and local governments will be able to use bond money to build affordable housing in cooperation with nonprofit organizations and businesses. Local governments already use other sources of public funding to build affordable housing, and those would still be available. Measure 102 adds a new, additional source of revenue for publicly-subsidized affording housing. Affordable housing bonds would have to be approved by voters, and that vote would include a limit on the income of the people the housing would serve.
Who’s behind this idea?
The Oregon Legislature put this measure on the ballot. All Democrats in both chambers of the legislature voted yes, and only five Republicans opposed it. Now that it’s on the ballot, a group called Yes for Affordable Housing has formed to support the measure. A wide array of more than 100 organizations, businesses, and elected officials have endorsed Measure 102.
Who opposes Measure 102?
There’s very little organized opposition to Measure 102, but that could change as campaign season picks up. This site will be updated as further information becomes available.
Follow the money!
Visit the secretary of state’s campaign finance database to see who’s spending money for and against the measure. There are two committees registered to support Measure 102. One is called Affordable Housing for Oregon, and it was formed by Portland Mayor Ted Wheeler and Metro Council President Tom Hughes. They’d raised a total of about $72,000, with only $300 coming from an out-of-state donor. The second committee, called Defend Oregon, supports Measure 102 and opposes Measures 103 – 106. This committee is controlled by Our Oregon, a group that works to pass progressive ballot measures, and to defeat conservative ones. They’ve been around since 2008, and in 2018, they’ve raised just over $725,000 as of August 31, all of it from Oregonians.