Bill > HB5011

This bill provides detailed financial appropriations and expenditure limits for the Housing and Community Services Department for the biennium beginning July 1, 2025. The bill appropriates $231.2 million from the General Fund for debt service and bond-related activities, and allocates funding across seven key program areas including Housing Stabilization Programs ($439.9 million), Project-Based Rental Housing Assistance ($31.3 million), and Multifamily Rental Housing Programs ($3 million). The bill establishes maximum expenditure limits from various funding sources, including fees, federal funds, and lottery moneys, for each program area. Additionally, the bill includes three specific supplemental appropriations: $10 million for community housing supporting agricultural employees, $3.9 million for down payment assistance, and $2 million for manufactured home repair and replacement. The bill also specifies that certain expenditures, such as bond-related payments, loan services, and federal rent subsidies, are not limited. Notably, the bill includes an emergency clause, which means it will take effect immediately on July 1, 2025, to ensure continued housing and community services support.

Budget and Finance, Transportation and Infrastructure

https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/HB5011