Resolution No. 18-40 CI'T'Y OF TIGARD, OREGON
TIGARD CITY COUNCIL
RESOLUTION NO. 18-y0
A RESOLUTION SUPPORTING PASSAGE OF STATEWIDE MEASURE 102, A PROPOSED
CONSTITUTIONAL AMENDMENT ALLOWING USE OF LOCAL BONDS TO DEVELOP
AFFORDABLE HOUSING.
WHEREAS,communities across Oregon are struggling to provide enough housing units at a rate residents
can afford,and
WHEREAS,rent increases experienced throughout the region have ranged from 18% to 71% between
2011-2015,with downtown Tigard's average rents for a 2-bedroom apartment increasing by 90 percent;and
WHEREAS,the median listing price for a single-family house in Tigard was $430,000, 14%higher than in
Hillsboro and 17%higher than in Beaverton;and
WHEREAS,regionally and locally,home prices and rents are escalating,making it challenging for many
people to find an affordable place to live,with 22.7 percent of Tigard's renter households and 9.7 percent of
Tigard's owner-occupied households experiencing a cost burden, spending more than 50 percent of their
income on housing costs;and
WHEREAS,the Oregon Legislature voted to refer a constitutional amendment to voters at the November
6,2018 election,Measure 102;and
WHEREAS,the amendment would remove a restriction in the Oregon State Constitution that prevents
locally-approved affordable housing bond funds from being used in partnership with non-profit and private
affordable housing developers;and
WHEREAS,the amendment will make local affordable housing bonds go further without added cost to
taxpayers,helping more people access housing in communities that have passed affordable housing bonds,
and giving local communities that approve bonds for affordable housing more flexibility to create the
housing they need;
NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that:
SECTION 1: We support this change to the Oregon State Constitution in support of affordable housing,and
encourage voters in Tigard and statewide to vote yes on Measure 102.
SECTION 2: This resolution is effective immediately upon passage.
PASSED: This L/ f day of 2018.
RESOLUTION NO. 18-kfiq
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Mayo City of Tigard
ATTEST:
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City Recorder-City of Tigard
RESOLUTION NO. 18-yv
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