Connect with us

Oregon

Oregon Senate Committee discusses Senate Bill 829 to provide financial relief for affordable housing and shelter providers facing insurance rate hikes

Published

on

Oregon – Members of the Senate Committee on Housing and Development convened to hear testimony for Senate Bill 829, introduced by Governor Tina Kotek. The bill seeks to provide financial assistance to affordable housing and shelter providers who are at risk of closing their operations due to significant increases in insurance premiums. The proposed legislation includes a total investment of $5 million to support these crucial services.

Governor Kotek emphasized the urgency of the issue, stating, “Too many Oregonians are still sleeping outside. We cannot afford to take our foot off the pedal or lose a single bed or housing unit we have fought for. The providers who are making a difference on the ground need our continued focus on solving the crisis on our streets. Senate Bill 829 follows through on that promise and lays the groundwork for long-term solutions.”

Affordable housing providers and shelters are facing a volatile market with significant insurance rate increases that threaten their ability to operate. In many cases, these steep premium hikes are unsustainable, leading providers to reduce or cut essential services that serve vulnerable Oregonians. Senate Bill 829 seeks to provide immediate relief while organizations work to find more affordable insurance options.

In addition to offering immediate financial support, Senate Bill 829 takes a proactive approach by including a study to explore long-term solutions for the insurance challenges faced by housing providers. The bill also creates an export list for surplus lines carriers, aiming to accelerate the process for providers to obtain insurance coverage and promote a more competitive insurance market.

This legislation is part of Governor Kotek’s broader strategy to address homelessness and affordable housing in Oregon. In conjunction with her proposed House Bill 3644, which focuses on permanent shelter, and the Governor’s recommended $933 million investment for shelter, rehousing, and prevention efforts, Senate Bill 829 reflects the Governor’s commitment to ensuring that every Oregonian has access to a safe, affordable place to call home.

You may also like…

Eugene2 days ago

Eugene Police Department hosts family-friendly Halloween event at Marquis Assisted Living

Eugene, OR – Eugene Police Department is partnering with The Marquis Assisted Living and Memory Care to host a safe,...

Eugene2 days ago

Eugene Springfield Fire responded to two-vehicle crash at 13th and Polk

Eugene, OR – Just after 2 p.m. on Friday, October 4, Eugene Springfield Fire responded to a two-vehicle crash at...

Eugene2 days ago

Eugene Springfield Fire contained structure fire at Brails restaurant early Sunday

Eugene, OR – Eugene Springfield Fire responded to a reported structure fire at Brails restaurant near downtown Eugene just before...

Eugene2 days ago

Eugene Springfield Fire joined community for annual fire safety event at Jerry’s

Eugene, OR – Eugene Springfield Fire partnered with the community at the annual Jerry’s Home Improvement fire safety event held...

Crime & Safety3 days ago

Man who cIaimed he had ingested iIIegaI drugs that were not what he expected and bIamed his actions on their effects after using a heavy tooI to strike his spouse, infIicting fataI injuries, the second maritaI partner he kiIIed, is sentenced

Massachusetts – A Massachusetts man was ordered to spend the next twenty five years to Iife in state prison after...

Crime & Safety3 days ago

Dad who cIaimed he was often not at home and able to deaI with daiIy tasks because of his job after his chiId was Ieft to fend for herseIf untiI her untimeIy death from a preventabIe medicaI condition, was convicted

Indiana – An Indiana parent, 39-year-old B. BredhoId, was convicted earlier this week by a jury for negIect of a dependent...

Oregon1 week ago

Oregon State Police seek public’s help after 16 salmon dumped at Cathedral Park

Oregon –  The Oregon State Police Fish and Wildlife Division is asking for the public’s assistance in identifying those responsible...

Eugene1 week ago

Eugene Police Department to host officer hiring workshop October 4

Eugene, OR – The Eugene Police Department will host a Police Officer Hiring Workshop on Saturday, October 4, at 11:00...

Eugene1 week ago

Eugene Airport expands non-stop services ahead of fall and winter travel season

Eugene, OR – As fall and winter approach, Eugene Airport announced expanded non-stop services and additional travel options for passengers....

Crime & Safety1 week ago

Mom, who was seen by her chiId pIacing toiIet paper in her disabIed 8-year-oId’s mouth before the chiId was struck in the head by her girIfriend, resuIting in fataI injuries, before both women took steps to conceaI the death and dispose of the body, was sentenced

Georgia – A Georgia woman was ordered to spend the rest of her Iife behind bars after pIeading guiIty to...

Crime & Safety1 week ago

5-year-oId dies after her father, who initially thought that she had been stabbed, stored a rifIe in her sibIing’s bedroom beIieving it would be safe, only for the 9-year-old to gain access to the unsecured firearm and fire a singIe shot, kiIIing the little girI: DA

Arizona – An Arizona man has been lndicted on feIony charges of chiId abuse, domestic vioIence, and misconduct involving a...

Trending