Oregon Statutes - Chapter 456 - Housing - Section 456.255 - Legislative findings.

(1) The Legislative Assembly finds and declares that:

(a) The maintenance of a pool of affordable housing for all citizens is a matter of statewide concern.

(b) The contracts for many properties in this state that participate in federal housing programs are about to expire. Local governments need an effective process for assessing these expiring contracts and determining whether to assume ownership of the participating properties. The assessment and determination process should ensure appropriate statewide uniformity while maintaining local flexibility. The process should also ensure the rights of property owners and tenants to fair treatment as the contracts expire.

(2) ORS 456.260 and 456.265 are intended to provide a framework for addressing the withdrawal of participating property from federal housing programs. [1999 c.275 §2]

Note: See note under 456.250.

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Last modified: August 7, 2008