The 1.43-acre property at 1505 Front Street NE sits between Salem’s industrial past and a long-term push for housing, businesses and redevelopment along the Willamette River.
The additional bond money will pay eligible public infrastructure costs for the planned 279-unit affordable housing development, leaving about $5.1 million in Salem’s housing fund.
Salem commercial property owners now have a new financing option for costly building upgrades, with applications opening Wednesday for the city’s new Commercial Property Assessed Clean Energ...