Skip to Content

Gov. Brown wants to ask voters for affordable housing tax

Affordable housing generic MGN

SALEM, Ore. (AP) -- Oregon Gov. Kate Brown has filed a resolution for the legislative session that starts next week, asking voters to amend the state Constitution to allow for real estate transfer taxes, which are assessed when property changes ownership.

Oregon Public Broadcasting reports that the money raised would go to fund affordable housing.

House Joint Resolution 203 would exempt the first $500,000 of a property’s value from taxation. The governor has not proposed a tax rate nor set a goal for how much revenue she’d like to raise.

Article Topic Follows: News
affordable housing
real estate

Jump to comments ↓

The Associated Press


KTVZ NewsChannel 21 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content