Salem, OR — The Salem City Council will convene Monday to vote on a proposal to purchase a property located on Market Street in northeast Salem, with plans to develop it into affordable housing. The move is part of the city’s ongoing efforts to address the growing need for affordable housing in the area.
The property, which is situated in a prime location, has drawn attention due to its potential to provide much-needed housing options for low-income families and individuals. City officials have emphasized the importance of creating affordable housing to combat the housing crisis, which has seen rising rent prices and a shortage of available homes.
Councilors are expected to discuss the acquisition’s cost, potential funding sources, and the overall impact on the surrounding community. If approved, the purchase will mark a significant step toward meeting the city’s housing goals.
Local residents and housing advocates have expressed support for the proposal, citing the growing demand for affordable housing in the city. However, some have raised concerns about the property’s location and the potential impact of the new development on local infrastructure and traffic patterns.
Mayor Chuck Bennett has voiced his support for the acquisition, stating that the city is committed to addressing the housing needs of its residents. “Affordable housing is a priority for our community, and this development represents an opportunity to make a meaningful difference in the lives of many Salem residents,” Bennett said.
The council will deliberate on the proposal during the meeting, which is scheduled for 6:30 p.m. Monday at City Hall. If the council approves the purchase, city staff will begin working with developers to move forward with plans for the property.