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83rd OREGON LEGISLATIVE ASSEMBLY--2025 Regular Session
House Bill 3503
Sponsored by Representative DOBSON
SUMMARY
The following summary is not prepared by the sponsors of the measure and is not a part of the body thereof subject
to consideration by the Legislative Assembly. It is an editor’s brief statement of the essential features of the
measure as introduced.The statement includes a measure digest written in compliance with applicable readability
standards.
Digest: This Act makes OHCS give money to charity to turn Clackamas County homes into
low-cost starter homes. (Flesch Readability Score: 60.1).
Requires the Housing and Community Services Department to disburse moneys to Community
LendingWorks to provide grants to purchase housing in Clackamas County that will be made avail-
able through a community land trust as affordable housing to first-time home buyers. Appropriates
moneys for this program.
Takes effect on the 91st day following adjournment sine die.
A BILL FOR AN ACT
Relating to Clackamas County community land trust housing; and prescribing an effective date.
Be It Enacted by the People of the State of Oregon:
SECTION 1. Section 2 of this 2025 Act is added to and made a part of ORS chapter 458.
SECTION 2.(1) The Housing and Community Services Department shall disburse moneys
to Community LendingWorks to provide grants to public benefit corporations to:
(a) Acquire affordable housing owned by the Housing Authority of Clackamas County;
(b) Repair and renovate the housing for energy efficiency and to make the housing eligi-
ble for refinancing;
(c) Operate the housing as a community land trust, which must include maintaining each
housing unit as affordable housing for purchase as described in subsection (2) of this section;
and
(d) Provide home buyer education and counseling to purchasers and prospective pur-
chasers of the housing.
(2) Each housing unit sold must be made available only to first-time home buyers and
subject to an affordability restriction, such as a restriction as described in ORS 456.270 to
456.295,that:
(a) Has the effect of limiting the purchaser’s ability to gain equity from the appreciation
of the dwelling’s value; and
(b) Requires that the purchaser be a low income household as defined in ORS 456.270.
SECTION 3. Section 2 of this 2025 Act is repealed on January 2, 2028.
SECTION 4.In addition to and not in lieu of any other appropriation, there is appropri-
ated to the Housing and Community Services Department, for the biennium beginning July
1, 2025, out of the General Fund, the amount of $4,200,000, to disburse to Community
LendingWorks for the purposes in section 2 of this 2025 Act.
SECTION 5.This 2025 Act takes effect on the 91st day after the date on which the 2025
regular session of the Eighty-third Legislative Assembly adjourns sine die.
NOTE:Matter in boldfaced type in an amended section is new; matter [italic and bracketed] is existing law to be omitted.
New sections are in boldfaced type.
LC 2569