OregonRelating to first-time homeownership; declaring an emergency.
What it does
Creates a program for deferred loans to first-time home buyers in an amount not greater than the lesser of the closing costs on the purchase or one percent of the purchase price. Makes the deferred loans repayable when the home changes ownership, is no longer the homestead of the borrower or, if the home is mobile, is moved out of state. Retires the program after three years.
More detail
Declares an emergency, effective on passage.
Where do you stand?
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Mar 7In committee upon adjournment.Latest
- Feb 19Informational Meeting held.
- Feb 17Informational Meeting cancelled.
- Feb 2Referred to Housing and Homelessness with subsequent referral to Revenue.Minor
- Feb 2First reading. Referred to Speaker's desk.Introduced