SB 5701 authorizes the state to issue bonds and certificates for specific capital projects, including Moda Center improvements and Oregon State University's Cascades Student Health and Recreation Center. It modifies previously approved lottery bonding rules and allocates specific funding amounts for projects like community college renovations, housing programs, corrections facility upgrades, and university building projects. The bill requires the OSU Cascades project to meet apprenticeship, outreach, and benefits standards. It does not create new taxes or fees but allows the state to borrow funds for these named improvements.
Requires local governments to approve restoration or replacement of dwellings rendered uninhabitable under an alternative process that is not a land use decision.
Disallows, for purposes of personal income taxation, a mortgage interest deduction for a residence other than the taxpayer's principal residence, unless the taxpayer sells the residence or actively markets the residence for sale. Establishes the Oregon Homeownership Opportunity Account. Transfers an amount equal to the estimated increase in revenue attributable to restrictions on the deduction of mortgage interest to the account, for the purpose of making down payment assistance payments. Applies to tax years beginning on or after January 1, 2026. Takes effect on the 91st day following adjournment sine die.
Authorizes the Housing and Community Services Department to fund mixed income housing. Requires the department to develop a mixed income housing loan program. Establishes the Mixed Income Development Loan Fund for such purposes. Transfers moneys to the fund from the Housing Project Revolving Loan Fund. Requires the department to adopt initial program rules by January 1, 2027. Takes effect on the 91st day following adjournment sine die.
Exempts certain projects for public works, primarily related to affordable housing, from the requirement to pay a prevailing rate of wage. Takes effect on the 91st day following adjournment sine die.
Defines "tenant portal" for the purposes of residential tenancies. Requires landlords to provide an alternative to a tenant portal in response to a request from an applicant or tenant under certain circumstances . Prohibits landlords from requiring payments via a tenant portal, card or electronic means. Requires landlords to provide an alternative to a tenant portal to access common areas of the premises. Allows landlords to charge tenants for payment processing fees for payments made by credit card or tenant portal. Takes effect on the 91st day following adjournment sine die.
Adjusts certain terms of the revolving loan program for cities and counties to fund affordable housing projects. Allows state agencies to adjust terms of a grant made to the Network for Oregon Affordable Housing in the last biennium. Limits the building permit plan review for housing with two or fewer dwelling units. Establishes a local government process for land use approvals for housing subject only to clear and objective standards, conditions and procedures. Becomes operative on July 1, 2026. Establishes responsibilities for landlords and tenants for residential tenancies destroyed by natural disasters. Requires state agencies to give priority to housing providers when transferring surplus real property. Requires the Land Conservation and Development Commission to adopt rules regarding prioritization of lands added to urban reserves. Limits the amount of commercial lands within certain planned areas that may be used for affordable housing. Takes effect on the 91st day following adjournment sine die.
Allows counties with a population density of less than 30 people per square mile to rezone up to 50 acres to be divided and developed for residential dwellings of at least five units per acre. Sunsets January 2, 2034. Expands allowed development of accessory dwelling units to farmland with certain existing nonfarm dwellings. Allows the development of larger rural accessory dwelling units.
Requires the Director of the Department of Consumer and Business Services to adopt rules to conform the state building code to accessibility requirements under the Fair Housing Act [ and to certain American National Standards Institute standards for housing accessibility ]. Prohibits the Housing and Community Services Department from funding new rental housing that is a subsidized development unless the housing meets specified accessibility standards. Takes effect on the 91st day following adjournment sine die.
Directs school districts to adopt policies that provide for the immediate enrollment, school placement and provision of services to homeless students. Directs the Department of Education to designate a state coordinator for the education of homeless students.
