HB 4134 - Establishes a $75 million Revolving Loan Fund for Middle-Income Housing - Oregon Key Vote

Stage Details

Title: Establishes a $75 million Revolving Loan Fund for Middle-Income Housing

Title: Establishes a $75 million Revolving Loan Fund for Middle-Income Housing

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Title: Establishes a $75 million Revolving Loan Fund for Middle-Income Housing

Vote Smart's Synopsis:

Vote to pass a bill that establishes a $75 million revolving loan fund for middle-income housing in Oregon.

Highlights:

  • Requires the Oregon Business Development Department to provide grants to cities for specified infrastructure projects that will benefit housing developments that will make at least 30 percent of the dwelling units affordable to workforce income households (Sec. 1). 

  • Requires cities receiving grants to provide reports to the Oregon Business Development Department (Sec. 1). 

  • Appropriates resources to the Oregon Business Development Department. Declares an emergency, effective on passage (Sec. 1).

Title: Establishes a $75 million Revolving Loan Fund for Middle-Income Housing

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