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Relating to affordable housing; and declaring an emergency.

It became law on Jul 25, 2025.

OR HB 2964 · House Bill · 2025R1

Stage
Became law
Started in
House
Sponsors
19
Latest action
Jul 25, 2025

What it does

] Requires the Housing and Community Services Department to award [grants] loans for the predevelopment costs of affordable housing [and a grant to assist nonprofits receiving grants or loans under this Act. Sunsets January 2, 2028]. Requires the department to adopt initial rules by June 1, 2026, and to combine other existing predevelopment loan programs. [Establishes the Affordable Housing Predevelopment Loan Fund. Continuously appropriates moneys in the fund to the department to award loans for predevelopment costs of affordable housing.] [Appropriates moneys from the General Fund to the department for grants and loans.] Declares an emergency, effective on passage.

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Jul 25, 2025

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

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Where it goes next

Once a bill is decided, the questions are about what is done with it in Oregon.

Work with this bill

Relating to affordable housing; and declaring an emergency. | 52