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HB 3035 Oregon House · 2025 Regular Session

Relating to housing.

Summary
Expands Housing and Community Services Department authority regarding homeownership housing projects and lending. Allows the department to refinance housing loans.
Issues: ✓ HousingSupports HousingExpands department authority for homeownership projects and lending, enabling loan refinancing to strengthen housing access and affordability.95% confidence
Bill status passed 3 of 5 stages cleared
Introduction
Jan 2025
Committee Review
Jun 2025
House Passage
Feb 2025
Senate Passage
Governor
Introduced Jan 13, 2025 Last action Jun 28, 2025
Maddy AI version diff · 1 comparison

What changed between versions

Introduced → A-Engrossed · 4 edits · Feb 20, 2025
MODERATE
This bill amends Oregon's housing finance laws to expand the Housing and Community Services Department's authority to set income limits and loan terms for affordable housing programs. The changes allow the department to require higher percentages of low-income units in financed projects and establish household income limits for homeownership loans, providing greater flexibility in addressing housing needs across different income levels.
Scope change
The bill expands the scope of the Housing and Community Services Department's lending authority by adding new provisions for setting income limits and project requirements that were not present in the original version.
ELIGIBILITY

Added authority for the department to establish maximum household income limits for residential homeownership loans financed by the department.

Reorganized and renumbered sections of ORS 456.690 to integrate new provisions about income limits and manufactured dwelling park financing.

REQUIREMENT

Added requirement for the department to ensure financed projects have a percentage of low-income units higher than minimum state standards when practicable.

Added provision allowing income limits for statewide programs to be established by reference to area median income.

Floor votes · House Feb 20, 2025

How they voted

46–3
Passed · 9 other
Total votes 58
Feb 20, 2025
D Democratic35
30 Yea 5
85% Yea
R Republican23
16 Yea 3 Nay 4
69% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
11
Key actions
3
Committee
4
Jun 28, 2025
Upper · Passed
In committee upon adjournment.
upper
Feb 25, 2025
Committee
Referred to Housing and Development.
upper
Feb 25, 2025
Introduced
First reading. Referred to President's desk.
upper
Feb 20, 2025
Lower · Passed
Third reading. Carried by Levy E. Passed.
lower
Feb 17, 2025
Lower · Passed
Recommendation: Do pass with amendments and be printed A-Engrossed.
lower
Jan 17, 2025
Committee
Referred to Housing and Homelessness.
lower
Jan 13, 2025
Introduced
First reading. Referred to Speaker's desk.
lower
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.