Relating to a date change for a report of the system development charges study; and declaring an emergency.
The implementation of this bill is intended to provide the Housing and Community Services Department with adequate time to ensure that the study accurately reflects the complexities of system development charges. This includes examining how these fees impact housing development across different types of housing, such as single-family homes, multifamily units, and manufactured housing. The results of this study will influence future policies regarding housing development fees and could lead to adjustments in state regulations to enhance housing affordability and accessibility.
House Bill 4014 is designed to amend the existing regulations regarding the deadline for submitting a final report based on a comprehensive study of system development charges, as established by prior legislation. This amendment shifts the due date for the final report from June 1, 2022, to December 15, 2022. The study aims to evaluate system development charges, which are fees imposed on developers to offset the costs of housing infrastructure, and their influence on market-rate housing costs and availability in Oregon.
While there appears to be no notable opposition to HB4014 itself, its implications for housing and infrastructure financing are part of broader discussions about economic recovery and development in Oregon. Stakeholders, including local governments and housing advocates, will likely have diverse views on how system development charges are structured and their effect on the overall housing market. The bill does declare an emergency, indicating its urgency in addressing ongoing housing challenges.