HB 2570

  • Oregon House Bill
  • 2017 Regular Session
  • Introduced in House Jan 09, 2017
  • House
  • Senate
  • Governor

Relating to nonprofit organizations that provide financial assistance for affordable housing.

Abstract

Directs Housing and Community Services Department to establish Affordable Homeownership Grant Program to provide grants to eligible nonprofit organizations with affordable homeownership programs to provide opportunities for homeownership to persons in low income households. Delineates program requirements. Requires nonprofit organization grant recipients to create revolving fund to purchase or leverage mortgage loans or purchase, construct or rehabilitate homes and manufactured homes for sale to persons in low income households that are first-time homeowners. Establishes Affordable Homeownership Grant Program Fund and continuously appropriates moneys in fund to department. Appropriates moneys to department to make grants to eligible nonprofit organizations to participate in program.

Bill Sponsors (10)

Votes


Actions


Jul 07, 2017

Oregon Legislative Assembly

In committee upon adjournment.

Apr 05, 2017

Oregon Legislative Assembly

Referred to Ways and Means by prior reference.

Apr 05, 2017

Oregon Legislative Assembly

Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Ways and Means by prior reference.

Mar 30, 2017

Oregon Legislative Assembly

Work Session held.

Mar 09, 2017

Oregon Legislative Assembly

Public Hearing held.

Jan 18, 2017

Oregon Legislative Assembly

Referred to Human Services and Housing with subsequent referral to Ways and Means.

Jan 09, 2017

Oregon Legislative Assembly

First reading. Referred to Speaker's desk.

Bill Text

Bill Text Versions Format
Introduced PDF
House Amendments to Introduced PDF
A-Engrossed PDF

Related Documents

Document Format
No related documents.

Sources

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