INNOVATING AFFORDABLE HOUSING MCHA has been exploring new business models to create affordable housing without relying solely on government funding, which often comes with restrictive conditions. One such model, inspired by the United Way of the Mid-Willamette Valley, focuses on building affordable cottages for seniors in rural complex that’s run under one of these programs could take five years to develop, but we’re already behind statewide,” Icenbice states. In spite of these challenges, there are positive developments in the state’s approach to funding affordable housing, with efforts to allocate funds becoming less competitive and more systematic. 4 BUSINESS VIEW MAGAZINE VOLUME 11, ISSUE 09
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