My home State of Oregon, like much of the country, is facing a housing affordability crisis that is hurting families and the economy. I recently held six listening sessions in the district I represent. In every community--urban, suburban, and rural--I heard from individuals, employers, local officials, and nonprofits that told me the lack of affordable housing is having serious consequences around northwest Oregon. Over the last several years, housing costs have gone up significantly, but wages have not. Available housing stock has not kept up with demand, driving prices higher and higher. Much of the new housing that is being built is unaffordable for middle- and low-income households. To afford a modest one-bedroom unit at fair market rent, someone earning minimum wage in Yamhill County, Oregon, for example, would need to work 65 hours a week. In Multnomah County, someone would need to work 81 hours a week to pay for a modest one-bedroom apartment--81 hours a week. Housing is foundational. It forms the bedrock of a family's stability and security, and it is vital to each person's full participation in society. The toll of this crisis on families and communities is devastating, and it is also hampering economic growth. I heard time and again from employers who are struggling to attract workers in areas where housing was unaffordable or unavailable, employees commuting long hours because they cannot afford to live closer to their jobs.…
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