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Sustainability bonds to help with affordable housing crisis

Oregon State Treasurer Tobias Read.

SALEM, Oregon — Starting Monday, May 7, you can take a step to help with the affordable housing crisis in the state. On that day, the state of Oregon will start selling sustainability bonds.

$40 million dollars worth of bonds will be used to build affordable housing. State Treasurer Tobias Read says this gives people who want to help an opportunity to take action. The legislature approved Oregon sustainability bonds and this if the first time they’ll be offered.

Read says these could also be used for other projects specific to the state’s goals. Those projects could help the state meet its environmental, economic and community objectives. You can get details on how to buy the bonds on the treasurer’s website.

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