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Salem Business Journal

Oregon Housing and Community Services Invests $165 Million to Build 550+ Affordable Homes Across Oregon, Article Header Image

Oregon Housing and Community Services Invests $165 Million to Build 550+ Affordable Homes Across Oregon

Oregon Housing and Community Services announced a $165 million investment to address the affordable housing shortage, supporting eight developments that will create over 550 homes. The initiative emphasizes stability for families, including rental assistance and community support services, enhancing overall quality of life for diverse communities across the state.

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Salem Housing Authority Earns National Recognition for Historic Yaquina Hall Restoration, Article Header Image

Salem Housing Authority Earns National Recognition for Historic Yaquina Hall Restoration

The Salem Housing Authority (SHA) received prestigious awards for transforming Yaquina Hall into supportive housing, providing 52 units for those experiencing homelessness and disabilities. Recognized for excellence in historic preservation, the project highlights the effective use of historic tax credits to revitalize historic spaces while addressing urgent housing needs in the community.

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Latino Business Alliance: Bridging Gaps and Building Businesses in Salem, Article Header Image

Latino Business Alliance: Bridging Gaps and Building Businesses in Salem

The Latino Business Alliance (LBA), founded during the Great Recession in Salem, Oregon, supports small Latino business owners by providing essential resources and a community network. Co-founders Jose Gonzalez and Balthazar Molina aim to empower underserved entrepreneurs, helping them thrive amidst challenges, as exemplified by success stories like Andres’ mobile repair service.

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CITY OF SALEM AND 2023 GO BONDS RETAIN AA2 RATING FROM MOODY’S

Moody’s Investor Service has assigned an Aa2 rating to Salem, Oregon, for its 2023 General Obligation Bonds following the approval of a $300 million bond measure for community improvements. The funding will support various projects over ten years, enhancing infrastructure, emergency services, and affordable housing in the city.

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