Sign Up
SB 50 Oregon Senate · 2025 Regular Session

Relating to housing; declaring an emergency.

Summary
] [ Requires the Housing and Community Services Department to study housing and to report to the interim committees of the Legislative Assembly related to housing by September 15, 2026. ] Allows the Housing and Community Services Department to use certain moneys in the Local Innovation and Fast Track Housing Program Fund set aside to purchase multifamily housing to convert to affordable housing. Sunsets June 30, 2027. Updates sources of the fund. Declares an emergency, effective July 1, 2025.
Issues: ✓ HousingSupports HousingBill explicitly allocates funds to convert multifamily housing to affordable housing and mandates a housing study, directly advancing affordable housing initiatives.95% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2025 Last action Jun 28, 2025
Maddy AI version diff · 1 comparison

What changed between versions

Introduced → A-Engrossed · 6 edits
MODERATE
The bill was substantially amended from a simple housing study requirement to an active funding authorization. The original version required the Housing and Community Services Department to study housing issues and report findings by 2026. The new version authorizes up to $60 million from the Local Innovation and Fast Track Housing Program Fund to be used in Clackamas, Multnomah, and Washington counties to purchase existing multifamily housing for conversion to affordable rental housing for low-income households.
Scope change
The bill's scope changed from a passive study requirement to an active funding mechanism. It now specifically targets Metro counties (Clackamas, Multnomah, Washington) for purchasing existing multifamily properties rather than studying housing issues statewide.
FISCAL

Changed from a study requirement to authorize up to $60 million from the Local Innovation and Fast Track Housing Program Fund for purchasing existing multifamily housing.

TIMELINE

Sunset date changed from January 2, 2027 to June 30, 2027.

ELIGIBILITY

Added specific eligibility criteria requiring properties to be in Clackamas, Multnomah, or Washington counties and converted to affordable rental housing for low-income households.

REQUIREMENT

Removed requirement to submit a study report to interim committees by September 15, 2026.

Added requirements for the Oregon Housing Stability Council to develop strategies reaching historically underserved communities including communities of color and rural communities.

DEFINITION

Added detailed provisions about what types of real property interests the state can acquire (fee simple, leased fee, tenancy in common, condominium, easement).

Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
7
Key actions
2
Committee
4
Jun 28, 2025
Upper · Passed
In committee upon adjournment.
upper
Apr 7, 2025
Committee
Referred to Ways and Means by order of the President.
upper
Apr 7, 2025
Upper · Passed
Recommendation: Do pass with amendments and be referred to Ways and Means. (Printed A-Eng.)
upper
Jan 17, 2025
Committee
Referred to Housing and Development.
upper
Jan 13, 2025
Introduced
Introduction and first reading. Referred to President's desk.
upper
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.