05/21/2026 | Press release | Archived content
Older Adults Housing Announcement Remarks
May 21, 2026
Housing affordability is one of the most pressing issues we face as a state and a country - and we know that it particularly affects older adults. Too many Oregonians are faced with an impossible choice - staying in the communities they love - or finding a place they can afford or will meet their individual needs, such as accessibility at they get older. And for some, that choice pushes them out of their homes altogether and onto the streets.
Adults over the age of 55 are one of the fastest growing groups experiencing homelessness across the nation.
The truth is simple: without this program, Karen and her daughter would almost certainly still be homeless today.
Today, I'm announcing four housing actions to support and advance the lives of older adults across our state. And I want to thank the legislature for their partnership on these efforts.
Beginning next month, my administration is doing the following:
Launch the Older Adult Housing Program, which will provide $24 million to construct new affordable rental homes for older Oregonians.
Make $50 million available through the Elderly and Disabled Bond Program to provide financing to galvanize new housing developments for older Oregonians.
Launch a Healthy Homes for Older Oregonians program, with $5 million for home repairs and renovations to stabilize older Oregonians in their current homes and ensure their housing remains safe and livable.
Together, these programs will rehouse over 420 unsheltered older adults experiencing homelessness, repair 1,000 homes to keep older adults safely and stably housed, and build over 100 new homes and increase unit yield for housing construction up to 14 percent.
But, to be clear, these efforts will augment other programs that are helping older Oregonians right now. In Oregon's eviction prevention program, for example, state-supported programs at the community level served 3,814 households that included someone over 55. That represents about 20% of households served by that program last biennium. For the state's long-term rental assistance program, 378 households with family members over 55 were served, which was 29% of those served in the program last biennium.
AARP's polling has shown that aging in place, getting to places independently, and having affordable options are critically important to older adults. All these efforts directly address those needs.
Finally, to the older Oregonians who are struggling to find affordable housing right now: I see you. I'm working for you. And I won't stop until everyone in this state has a safe, stable, affordable place to call home. Thank you.