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2025 Legislative Session Summary Presentation

Snapshot of OHCS Investments

  • Received an overall budget of $3.47 billion
  • Some highlights from the 2025-2027 Legislatively Approved Budget include
  • $387.2 million for Housing Stabilization Division
  • $630 million for Affordable Rental Housing
  • $111.3 million for Homeownership Division
  • $170 million expenditure limitation for Disaster Recovery & Resilience (CDBG-DR) 

Agencywide

  • HB 5011 - $10 million to create dedicated ongoing funding for Oregon’s nine federally recognized Tribes
  • HB 3145 - $25 million Local Innovation Fast Track Modular set aside
  • SB 829 - Requires the Department of Consumer and Business Services to establish a program to assist paying the costs of property insurance or liability insurance premiums for affordable housing, shelters, etc.
  • HB 3569 - Requires an agency to invite certain legislators to participate on a rules advisory committee as nonvoting members

Affordable Rental Housing

Legislative Investments - $630 million

  • $465 million for Local Innovation Fast Track rental (SB 5505)
    • $25 million Local Innovation Fast Track set aside for factory-built housing (HB 3145)
  • $80 million for Permanent Supportive Housing (PSH) (SB 5505)
  • $8 million for continuing service level (CSL) PSH program improvement (HB 5011)
  • $2.5 million to increase PSH rent assistance and service slots (HB 5006)
  • $50 million for affordable housing preservation (SB 5531)
  • $24 million senior housing initiative (HB 3589)
  • $450 million for Private Activity Bond per calendar year (not included in totals) (SB 5505)

Bills Impacting OHCS

  • SB 684 - Requires OHCS to provide long-term financing of residential housing and report on recommendations related to mixed income housing
  • SB 973 - Updates the publicly supported housing notice  requirements
  • SB 32 - Requires additional publicly supported housing data on the OHCS website
  • SB 51 - Provides $3.3 million to Housing Development Center and requires OHCS to establish and maintain a preservation program
  • HB 2964 - Expands the predevelopment program at OHCS
  • HB 2087 - Updates the Oregon Affordable Housing Tax Credit
  • SB 48 - Provides technical fixes to the Moderate-Income Revolving Loan Fund

Housing Stabilization

Legislative Investments – $387.2 million

  • $204.9 million to maintain statewide shelter system (HB 5011)
    • $102 million remains CSL (sunsets in 2034)
  • $50.3 million for rehousing (HB 5011)
    • $25.1 million remains CSL (sunsets in 2034)
  • $87.4 million for Long Term Rental Assistance (LTRA) (HB 5011)
    • One-time funding
  • $44.6 million for eviction prevention (HB 5011 and HB 5006)
    • $33.6 million remains CSL (no sunset)

Bills Impacting OHCS and Other Key Bills

  • HB 3034 - Modifies the role of the Oregon Housing Stability Council in designing policy for Emergency Housing Account (EHA) programs
  • HB 3644 - Statewide shelter program (governor's office bill)
  • HB 3792 - Increases from $20 million to $40 million the amount collected from electric company customers for low-income ratepayer assistance programs
  • SB 465 - Removes the annual cap on matching funds that an individual development account (IDA) holder may accrue
  • HB 2087 - Increases the aggregate amount of tax credits allowed to taxpayers for donations for IDAs
  • SB 814 - Modifies eligibility criteria for the Rental Assistance for Youth (RAY) program for certain individuals younger than 25
  • SB 690 - Momnibus - Directs OHCS to prioritize, whenever possible and at the agency's discretion, families with children less than 12 months old for housing stabilization programs

Homeownership

Legislative Investments - $111.3 million

  • $100.9 million for Local Innovation and Fast Track Program (SB 5055)
  • $3.9 million for Down Payment Assistance Lending (HB 5011)
  • $2 million for Foreclosure Avoidance Counseling (HB 5011)
  • $2.5 million for Manufactured Park Preservation (SB 5531)
  • $2 million for Manufactured Home Replacement (HB 5011)

Bills Impacting OHCS

  • HB 3144 - Prohibits new recorded instruments or governing documents of a planned community from banning the siting of manufactured dwellings or prefabricated structures, extends sunset until January 2, 2031, for OHCS grants for low-income facility tenant dispute resolution services and for the manufactured and marina communities dispute resolution advisory committee
  • HB 2698 - Establishes a statewide goal for homeownership

What is Next?

Questions?

View the questions asked in the webinar and their answers.

Email hcs_housing.info@oregon.gov with questions or or visit the OHCS Government Relations webpage for more information.