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OR SB58
Bill
Status
Failed
6/27/2025
Primary Sponsor
Cedric Hayden
Click for details
AI Summary
- Housing and Community Services Department will establish a pilot grant program awarding up to $1,000,000 each to 10 or fewer counties for home modification programs
- Counties will provide grants up to $20,000 to homeowners to create interior auxiliary dwelling units (rental spaces within single-family homes) located within urban growth boundaries or rural residential zones
- Homeowners must rent the auxiliary unit to non-family tenants for at least 60 cumulative months at or below market rate, occupy the home as their primary residence, and cannot use the unit as vacation rental
- Counties may place liens on properties and require prorated repayment within seven years if rental requirements are not met; counties may use up to $50,000 per grant for administrative costs
- $10,000,000 appropriated from the General Fund for the 2025-2027 biennium; program sunsets January 2, 2034
Legislative Description
Relating to expanding the supply of affordable housing; prescribing an effective date.
Last Action
In committee upon adjournment.
6/27/2025
Committee Referrals
Finance and Revenue4/4/2025
Housing and Development1/17/2025
Full Bill Text
No bill text available