Oregon Seeks to Reveal Housing Financials

After ProPublica exposed a legal exemption that keeps detailed developer budgets for subsidized housing secret, Oregon committee chairs say they will introduce legislation to remove that exemption so project financials must be public. The reporting shows $1.4 billion awarded since 2021, per‑unit costs nearly doubling to about $540,000, and an $850 million pipeline—facts lawmakers cite as the need for transparency. — Making subsidy‑level financial records public will let journalists, researchers, and policymakers test whether state subsidy policies are driving inflated development costs and will reshape debates about housing spending, procurement rules, and developer accountability.