Oregon’s spending on low-income housing has exploded in the past five years. The state has given developers an unprecedented $1.4 billion, and the cost of developing each apartment has nearly doubled, to $540,000. Dozens of projects are lined up for an additional $850 million in future state funding. Federal tax credits, which the state oversees, will bring even more money to bear.
Yet one thing has remained constant: The public isn’t allowed to see the details of how all these dollars are being spent.
Oregon is one of the only states in the country with a carve-out in its public records law that prevents disclosing the financial details of subsidized housing projects, thwarting researchers and journalists who have tried to examine their costs…