Relating to a program for affordable housing land acquisition development.
It became law on Aug 18, 2017.
- Stage
- Became law
- Started in
- House
- Sponsors
- 7
- Latest action
- Aug 18, 2017
What it does
Establishes Affordable Housing Land Acquisition Revolving Loan Program within Housing and Community Services Department to make loans to eligible organizations to purchase land for affordable housing development and to provide supportive services to residents and low income households. Authorizes department to contract with nonprofit organization to serve as program administrator. \tProvides for repayment of loans for noncompliance with development plans. Requires completion of development within eight years. Requires development of performance measures and report to Legislative Assembly on December 1 of each year.
Where it stands
This bill passed and is now law.
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
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Where it goes next
Once a bill is decided, the questions are about what is done with it in Oregon.