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SB 1567

Oregon - Session 2026R1

Senate in_committee 2026-02-09
Bill Details

Title: Authorizes the Housing and Community Services Department to fund mixed income housing.

Summary

This Act lets OHCS make loans for mixed income housing projects. (Flesch Readability Score: 87.9). Authorizes the Housing and Community Services Department to fund mixed income housing. Requires the department to develop a mixed income housing loan program. Establishes the Mixed Income Development Loan Fund for such purposes. <b>Transfers moneys to the fund from the Housing Project Revolving Loan Fund.</b> Requires the department to adopt initial program rules by January 1, 2027. Takes effect on the 91st day following adjournment sine die.

Sponsor
Khanh Pham
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Actions Timeline
Date Event Detail
2026-02-02 Introduced Bill introduced
2026-02-09 Status in_committee
2026-02-09 Latest Action Referred to Ways and Means by prior reference.
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