ORS § 456 § 456.824

Affordable housing preservation program.

In Force
Verified 10/26/2026 · Next check 11/2/2026
effective 10/7/2026OregonAffordable Housing Programs

Operative Text

ORS § 456 § 456.824
The Housing and Community Services Department shall establish and maintain an affordable housing preservation program to coordinate affordable housing preservation efforts and incentivize the analysis and preservation of affordable housing, including publicly supported housing and manufactured dwelling parks. Under the program, the department shall:

(1) Collect and maintain data from local, state and federal sources on affordable housing in this state, including the status of existing affordability restrictions and rental assistance contracts at publicly supported housing.

(2) Identify categories of affordable housing at risk of loss, including:

(a) Properties with expiring federal rent assistance contracts;

(b) Properties with expiring affordability restrictions;

(c) Properties with affordability restrictions in physical or financial distress; and

(d) Manufactured dwelling parks at risk of sale or closure.

(3) Take actions to promote housing stability, for residents of:

(a) Affordable housing that is at risk of loss or that has been recently lost; or

(b) Residents of manufactured dwelling parks or marinas at risk of sale or closure.

(4) Establish and periodically update evaluation criteria for affordable housing preservation investments.

(5) Identify and aggregate available sources of funding, including moneys available from federal and private grants or programs, appropriations by the Legislative Assembly, existing funds of the department or financing available from Article XI-Q bond proceeds under ORS 286A.824 or 458.480 to 458.490 or proceeds of other bonds issued by the State Treasurer, and use such sources of funding to implement preservation investments for affordable housing in accordance with the established evaluation criteria.

(6) Regularly analyze operating expenses of the existing portfolio of publicly supported housing that is funded by the department to inform the department’s underwriting standards for financing the construction of new and the preservation of existing publicly supported housing and to inform forecasts of preservation funding needs.

(7) Regularly update and publish an affordable housing preservation strategy framework report that includes information identified in subsections (1) and (2) of this section and forecasts the financial need to preserve affordable housing.

(8) Execute the duties of the department under ORS 456.766 to 456.828.
Source: Legislative text reproduced verbatim
Plain English

Oregon Revised Statutes § 456.824 directs the Housing and Community Services Department to build and operate a statewide affordable housing preservation program. The program requires the department to gather data on existing affordable housing, flag properties at risk of losing affordability protections—such as those with expiring federal rent-assistance contracts or manufactured dwelling parks facing sale or closure—and coordinate funding from federal, state, and private sources to support preservation investments. The department must also publish a regularly updated preservation strategy report and analyze operating expenses of its publicly supported housing portfolio to guide future financing decisions.

Written by anthropic/claude-sonnet-4.6 · Reviewed on October 7, 2026

Plain English — not legal advice.

For Property Managers

Under ORS § 456.824, the Housing and Community Services Department is tasked with identifying affordable housing properties at risk of losing their affordability status, including those with expiring federal rent-assistance contracts or expiring affordability restrictions. Owners and managers of publicly supported housing or manufactured dwelling parks may find that the department's data-collection and funding-aggregation activities create pathways to preservation financing, since the program is designed to incentivize analysis and investment in at-risk properties. Operators whose properties fall into one of the department's risk categories should be aware that the department periodically updates its evaluation criteria for preservation investments, which can affect eligibility for available funding.

General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.

For Tenants

ORS § 456.824 establishes a program specifically aimed at protecting residents of affordable housing—including manufactured dwelling parks and marinas—from displacement when their housing is at risk of losing affordability protections or facing sale or closure. Tenants living in publicly supported housing or manufactured dwelling parks may benefit from the department's mandate to take actions promoting housing stability and to aggregate funding sources that support preservation. Residents who believe their housing may be at risk under the categories described in this provision can contact the Housing and Community Services Department directly or reach out to a local tenant-rights organization to learn what preservation resources or protections may be available.

General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.

Generated October 7, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.

Effective Timeline

Current
Oct 7, 2026
Click on timeline segments to view historical versions.

References Out

Rules and statutes cited by this regulation

ORS § 286A.824
Not yet ingested
ORS § 456.766
Not yet ingested
ORS § 456.828
Not yet ingested

References In

No inbound references recorded yet for this provision.

Related Rules

§ 574.605
§ 574.605 Applicability of uniform administrative requirements, cost principles, and audit requirements for Federal awards.
§ 574.625
§ 574.625 Conflict of interest.
§ 574.645
§ 574.645 Coastal barriers.

Source Information

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Fetched:Oct 26, 2026, 07:20 AM UTC