Requires the Oregon Business Development Department to establish a program to provide loans to cities and tribes to develop infrastructure to support housing in climate-friendly areas.

Housing

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: Senator Broadman
Last action: 2025-06-27
Official status: In Senate Committee
Effective date: Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

2025-06-27 Senate
In committee upon adjournment.
2025-03-31 Senate
Public Hearing held.
2025-03-03 Senate
Referred to Housing and Development, then Ways and Means.
2025-02-27 Senate
Introduction and first reading. Referred to President's desk.

Official Summary Text

Digest: This Act makes Business Oregon lend money to build water or sewer lines or roads for homes in certain areas. (Flesch Readability Score: 63.8).
Requires the Oregon Business Development Department to establish a program to provide loans to cities and tribes to develop infrastructure to support housing in climate-friendly areas. Requires rulemaking for the program no later than July 1, 2026.
Establishes the Climate-Friendly Housing Infrastructure Revolving Fund. Continously appropriates moneys to the department to implement the program.
Declares an emergency, effective July 1, 2025.
Relating to: Relating to infrastructure development to support housing; declaring an emergency.
Current location: In Senate Committee