Statutes, codes, and regulations
Oregon Revised Statutes
Title 26 - PUBLIC FACILITIES, CONTRACTING AND INSURANCEChapter 280 - FINANCING OF LOCAL PUBLIC PROJECTS AND IMPROVEMENTS; CITY AND COUNTY ECONOMIC DEVELOPMENTCITY AND COUNTY ECONOMIC DEVELOPMENT PROJECTS
CITIES
Section 280.431 - Required condition of purchase for low income single room occupancy housing project

ORS § 280.431

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Current through 2024 Regular Session legislation effective June 6, 2024
Section 280.431 - Required condition of purchase for low income single room occupancy housing project

Low income single room occupancy housing projects shall not be sold to any purchaser who does not agree as a condition of purchase to maintain the property as low income single room occupancy housing for at least 30 years or the term of the mortgage, whichever period is shorter.

ORS 280.431

1981 c.368 §7