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OR SB51
Bill
AI Summary
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Housing and Community Services Department must contract with Housing Development Center, Inc. to provide property management training, capacity-building resources, and grants to nonprofits, tribes, local governments, and housing authorities to improve occupancy rates, expedite move-ins, prevent evictions, and reduce turnover at affordable housing projects
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Appropriates $3.3 million from the General Fund for the 2025-2027 biennium: $2 million for property management training and grants, and $1.3 million for asset management training
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Establishes a permanent affordable housing preservation program requiring the department to collect data on affordable housing, identify at-risk properties (including those with expiring rent assistance contracts, expiring affordability restrictions, or manufactured dwelling parks at risk of sale/closure), and take actions to promote housing stability
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Department must establish evaluation criteria for preservation investments, aggregate funding sources including federal grants and bond proceeds, analyze operating expenses of publicly supported housing, and publish regular preservation strategy framework reports
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Contract provisions with Housing Development Center expire June 30, 2027; the act takes effect July 1, 2025 under an emergency declaration
Legislative Description
Relating to housing; and declaring an emergency.
Last Action
Effective date, July 17, 2025.
7/25/2025