2021 Oregon Revised Statutes
Chapter 458 - Housing and Community Services Programs; Individual Development Accounts
Section 458.620 - Oregon Housing Fund; subaccounts.


(a) The Housing Development and Guarantee Account;
(b) The Emergency Housing Account;
(c) The Home Ownership Assistance Account;
(d) The Agricultural Worker Housing Development Account; and
(e) The General Housing Account.
(2) Earnings on investment of moneys in:
(a) The Housing Development and Guarantee Account accrue to that account.
(b) The Emergency Housing Account accrue to that account.
(c) The Home Ownership Assistance Account accrue to that account.
(d) The Agricultural Worker Housing Development Account accrue to that account.
(e) The General Housing Account accrue to that account.
(3)(a) Moneys in the Housing Development and Guarantee Account are continuously appropriated to the Housing and Community Services Department to carry out the provisions of ORS 458.630.
(b) Moneys in the Emergency Housing Account are continuously appropriated to the department to carry out the provisions of ORS 458.650.
(c) Moneys in the Home Ownership Assistance Account are continuously appropriated to the department to carry out the provisions of ORS 458.655.
(d) Moneys in the Agricultural Worker Housing Development Account are continuously appropriated to the department to carry out the provisions of ORS 458.660.
(e) Moneys in the General Housing Account are continuously appropriated to the department to carry out the provisions of ORS 456.515 to 456.725.
(4) Individuals and corporations, both for profit or nonprofit, may make monetary contributions to be credited to:
(a) The Housing Development and Guarantee Account; or
(b) The General Housing Account. [1991 c.740 §§3,8; 1995 c.174 §1; 2001 c.310 §§2,3; 2009 c.18 §8; 2015 c.737 §2; 2019 c.576 §4; 2020 s.s.2 c.10 §39; 2021 c.525 §§23,24]
Note: 458.620 as set forth includes amendments by section 39, chapter 10, Oregon Laws 2020 (second special session), and reflects the repeal of 458.667 by section 40, chapter 10, Oregon Laws 2020 (second special session). 458.620 as set forth does not reflect the Governor’s intended veto of sections 39 and 40, chapter 10, Oregon Laws 2020 (second special session). This intended veto cites the single-item veto exception found in Article V, section 15a, of the Oregon Constitution, allowed for appropriation bills. As of this printing, Oregon appellate courts have not interpreted the term "appropriation bills" for purposes of Article V, section 15a.

Structure 2021 Oregon Revised Statutes

2021 Oregon Revised Statutes

Volume : 13 - Housing, Games, Environment

Chapter 458 - Housing and Community Services Programs; Individual Development Accounts

Section 458.210 - Community development corporations; description.

Section 458.215 - Local capacity building program.

Section 458.220 - Community development corporation grants and assistance; rules.

Section 458.225 - Preference for certain community development corporations.

Section 458.305 - Legislative findings.

Section 458.310 - Housing revitalization program; criteria; rules.

Section 458.352 - Manufactured dwelling park preservation loan program; eligibility; reporting.

Section 458.356 - Manufactured dwelling replacement loans; eligibility; rules.

Section 458.358 - Manufactured dwelling decommissioning and disposing grants; eligibility; priorities.

Section 458.362 - Manufactured housing advisory committee; membership; reporting.

Section 458.366 - Manufactured Home Preservation Fund.

Section 458.375 - Rental housing assistance for very low income elderly persons; rules.

Section 458.377 - Elderly Rental Assistance Fund.

Section 458.380

Section 458.390 - Rental assistance program for youth and young adults at risk of homelessness.

Section 458.392 - Long-Term Rent Assistance Fund.

Section 458.405 - Legislative findings.

Section 458.410 - Purposes.

Section 458.430 - Authority of state to lease property not owned by state.

Section 458.460 - Bidding procedure for multiple applicants.

Section 458.480 - Definitions.

Section 458.485 - Local Innovation and Fast Track Housing Program; rules.

Section 458.490 - Local Innovation and Fast Track Housing Program Fund.

Section 458.505 - Community action agency network as delivery system for federal antipoverty programs; duties of Housing and Community Services Department.

Section 458.510 - Energy Crisis Trust Fund.

Section 458.525 - Duties of Oregon Housing Stability Council in coordinating and monitoring homelessness relief efforts.

Section 458.528 - Policy on homelessness.

Section 458.530 - Policy on hunger.

Section 458.532 - Hunger Task Force.

Section 458.545 - Task force powers and duties.

Section 458.600 - Policy and intent.

Section 458.605 - Findings.

Section 458.610 - Definitions for ORS 458.600 to 458.665; rules.

Section 458.620 - Oregon Housing Fund; subaccounts.

Section 458.625 - Housing Development Grant Program; uses; policies.

Section 458.630 - Housing Development and Guarantee Account; Guarantee Fund; uses; policies; fund transfers; rules.

Section 458.650 - Emergency Housing Account; grant policies.

Section 458.655 - Home Ownership Assistance Account; grant preferences.

Section 458.658 - Assistance for organizations supporting homeownership for persons of color.

Section 458.660 - Agricultural Worker Housing Development Account.

Section 458.665 - General Housing Account; rules.

Section 458.670 - Definitions for ORS 458.670 to 458.700.

Section 458.675 - Legislative findings.

Section 458.680 - Persons qualifying as account holders.

Section 458.685 - Approved purpose of account; emergency withdrawal; withdrawal upon achievement of account purpose; removal of account holder from program.

Section 458.690 - Required account features; rules.

Section 458.695 - Selection of fiduciary organizations.

Section 458.700 - Authority of fiduciary organizations; rules.

Section 458.705 - Legislative findings.

Section 458.715 - Duties of Oregon Housing Stability Council regarding Community Development Incentive Project Fund.

Section 458.720 - Community Development Incentive Project Fund; purpose; lottery bond proceeds.

Section 458.725 - Fund appropriation and expenditure guidelines.

Section 458.730 - Department use of financing mechanisms; determination of funding adequacy.

Section 458.735 - Department review of projects; lending criteria.

Section 458.740 - Project facilitation.