PORTLAND, Ore. (KOIN) – A new report puts a price tag on just how much money is being spent on the homeless in the Portland metro area, and it isn’t small.
A reportby ECOnorthwest found more than $724 million was spent in 2024, with that money going to safety, supportive housing and housing placement — along with administrative costs.
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The funding comes from local, regional, state, and federal resources to serve the tri-county area of Multnomah, Washington and Clackamas counties.
According to the report, 43% came from a regional homeless services tax and 14% came from federal dollars. Additionally, the City of Portland contributed the most for the 9% in city contributions, the state offered 5%, and private philanthropy accounted for another 6%…