A city shall report to the State Housing Council and the Legislative Assembly, not later than February 1 of each odd-numbered year on the disposition within that city of the proceeds of bonds issued for the purposes of making mortgage loans under ORS 280.425 (3) and 280.430 (5). The report shall, as a minimum, identify the population, income levels and areas served by the housing program, the length of residence in dwellings purchased under the program and the degree to which the city considers the program’s initial objectives have been achieved. The report shall be reviewed by the State Housing Council and the council shall make its comments on the report known to the city and the Legislative Assembly. [1979 c.865 §7; 2003 c.286 §9]
Section: Previous 280.450 280.455 280.460 280.465 280.470 280.475 280.480 280.482 280.485 280.500 280.505 280.507 280.508 280.510 280.513 NextLast modified: August 7, 2008