Oregon legislation · 2025 Legislative Measures
Oregon SB684: Relating to housing; and prescribing an effective date.
Status: In committee, July 25, 2025
Digest: This Act makes OHCS report on mixed income housing programs and lets housing authorities run or own more mixed income housing. (Flesch Readability Score: 60.6). [ Digest: This Act makes OHCS create mixed income housing programs and lets housing authorities run or own more mixed income housing. (Flesch Readability Score: 63.8). ] [ Directs the Housing and Community Services Department to establish a program to issue low-interest short-term loans for the construction of mixed income housing. ] Amends the definition of "residential housing" to include certain mixed income housing. Requires the Housing and Community Services Department to adopt rules for long-term financing of residential housing on or before January 1, 2027. Requires the department to report on recommendations for mixed income housing by November 15, 2025, and report on updates to the interim committees of the Legislative Assembly related to housing by September 15, 2026. [ Establishes the Mixed Income Public Development Loan Fund to be continually appropriated to the department for those purposes. ] Reduces limitations on the mixed income housing that housing authorities may finance, develop, own, operate or manage. Takes effect on the 91st day following adjournment sine die.
What the bill says
A resolution declaring the need for additional housing for persons or families of lower income that can be addressed by the authority financing, developing, owning, managing or operating a mixed income housing project.] SECTION 9. ORS 307.092 is amended to read: 307.092. (1) As used in this section, "property of a housing authority" includes, but is not limited and (b) Property of a partnership, nonprofit corporation or limited liability company for which the housing authority is a general partner, limited partner, director, member, manager or general manager, if the property or (B) Mixed inco.
From the enrolled text, June 26, 2025:
a resolution declaring the need for additional housing for persons or families of lower income that can be addressed by the authority financing, developing, owning, managing or operating a mixed income housing project.] SECTION 9. ORS 307.092 is amended to read: 307.092. (1) As used in this section, "property of a housing authority" includes, but is not limited and (b) Property of a partnership, nonprofit corporation or limited liability company for which the housing authority is a general partner, limited partner, director, member, manager or general manager, if the property or (B) Mixed income housing, as defined in ORS 456.055. (2)(a) The property of a housing authority is declared to be public property used for essential public and governmental purposes and, upon compliance with ORS 307.162, the property and the housing authority are exempt from all taxes and special assessments of the city, the county, the state or any political subdivision of the city, county or state. (b) In lieu of taxes or special assessments, the authority may agree to make payments to the city, county or political subdivision for improvements, services and facilities furnished by the city, county or political subdivision for the benefit of a housing project, but in no event may the payments exceed the estimated cost to the city, county or political subdivision of the improvements, …