Oregon Law
Law as of Jan 1, 2026
Chapter contents
458.005[1989 c.1051 §15; 1993 c.696 §17; 1995 c.377 §1; 2003 c.655 §76a; 2005 c.470 §§1,2; renumbered 307.651 in 2005] 458.010[1989 c.1051 §14; 2005 c.470 §3; renumbered 307.654 in 2005] 458.015[1989 c.1051 §16; 2005 c.470 §4; renumbered 307.657 in 2005] 458.020[1989 c.1051 §17; 1991 c.459 §410; 1997 c.541 §436; 2005 c.470 §6; renumbered 307.664 in 2005] 458.025[1989 c.1051 §18; 1991 c.459 §411; 1997 c.541 §437; 2005 c.470 §7; renumbered 307.667 in 2005] 458.035[1989 c.1051 §19; 2005 c.470 §8; renumbered 307.671 in 2005] 458.040[1989 c.1051 §20; 2005 c.470 §9; renumbered 307.674 in 2005] 458.045[1989 c.1051 §21; 1991 c.459 §412; 1995 c.377 §2; 1997 c.541 §438; 2005 c.470 §11; renumbered 307.681 in 2005] 458.050[1989 c.1051 §22; 1991 c.459 §413; 2005 c.470 §12; renumbered 307.684 in 2005] 458.060[1989 c.1051 §23; 1991 c.459 §414; 1997 c.541 §439; 2005 c.470 §13; renumbered 307.687 in 2005] 458.065[1989 c.1051 §24; 1991 c.459 §415; 1995 c.377 §3; 1997 c.541 §440; 2005 c.470 §14; renumbered 307.677 in 2005] 458.210Community development corporations; description 458.215Local capacity building program 458.220Community development corporation grants and assistance; rules 458.225Preference for certain community development corporations 458.235Rules 458.240Effect of law on other community development corporations 458.305Legislative findings 458.310Housing revitalization program; criteria; rules 458.312Loans for affordable housing 458.315Supporting residential units damaged or destroyed by disaster; contracting 458.317Disaster Housing Recovery Fund 458.320Agency provision of temporary housing or resources in response to emergency 458.350[1989 c.916 §4; 1997 c.801 §35a; repealed by 2011 c.595 §113] 458.352Manufactured dwelling park loan program; eligibility; reporting 458.355[1989 c.916 §6; 1991 c.716 §3; 1997 c.801 §35b; repealed by 2011 c.595 §113] 458.356Definitions; manufactured dwelling replacement loans; eligibility; rules 458.358Manufactured dwelling decommissioning and disposing grants; eligibility; priorities 458.360[1989 c.916 §5; repealed by 2011 c.595 §113] 458.362Manufactured housing advisory committee; membership; reporting 458.365[1989 c.916 §8; 1991 c.716 §5; 1997 c.801 §36; repealed by 2011 c.595 §113] 458.366Manufactured Home Preservation Fund 458.375Rental housing assistance for very low income elderly persons; rules 458.377[2015 c.348 §8; repealed by 2023 c.193 §24] 458.380[2015 c.812 §9; 2017 c.671 §2; 2021 c.521 §4; repealed by 2021 c.521 §6] 458.385[2017 c.671 §1; 2021 c.521 §5; renumbered 430.643 in 2021] 458.390Rental assistance program for youth and young adults at risk of homelessness 458.392Long-Term Rent Assistance Fund 458.395Publication of extreme heat events and landlord cooling programs 458.400Requirements of public body that distributes rental assistance 458.405Legislative findings 458.410Purposes 458.415Rules 458.420Conveyance of certain state real property for low-income housing 458.425Restriction on conveyance of certain state real property 458.430Authority of state to lease property not owned by state 458.440Authorization to lease; terms and conditions 458.445Authority to relinquish title to property; purpose 458.450Approval required by governing body where property located 458.460Bidding procedure for multiple applicants 458.461Definitions 458.462Designation of state-owned lands; rules 458.463Designation of lands nominated by local government 458.465Termination of designation 458.467Disposition of lands; covenants attached to lands 458.469Development on lands; grants for benefit of lands 458.471Disposition of proceeds 458.473Occupancy requirements for dwellings on lands 458.475Implementation of program 458.478Home Start Lands Fund 458.480Definitions 458.485Local Innovation and Fast Track Housing Program; rules 458.490Local Innovation and Fast Track Housing Program Fund 458.505Community action agency network as delivery system for federal antipoverty programs; duties of Housing and Community Services Department 458.510Energy Crisis Trust Fund 458.515Oregon Housing Stability Council to advise and assist department regarding low income home energy assistance 458.525Duties of council in coordinating and monitoring homelessness relief efforts 458.528Policy on homelessness 458.530Policy on hunger 458.532Hunger Task Force 458.535[2007 c.145 §6; repealed by 2015 c.180 §34] 458.540Short title for ORS 458.530 to 458.545 458.545Task force powers and duties 458.555[2001 c.848 §1; 2005 c.29 §1; 2017 c.725 §9; 2018 c.98 §23; 2021 c.100 §3; renumbered 660.500 in 2021] 458.558[2001 c.848 §3; 2005 c.29 §2; 2011 c.731 §24; 2012 c.97 §6; 2017 c.630 §10; 2017 c.725 §10; 2021 c.100 §4; renumbered 660.505 in 2021] 458.560[2001 c.848 §4; 2005 c.29 §3; 2021 c.100 §5; renumbered 660.508 in 2021] 458.563[2001 c.848 §5; 2003 c.639 §2; 2005 c.29 §4; 2017 c.725 §11; repealed by 2018 c.98 §26] 458.565[2001 c.848 §7; 2005 c.29 §5; 2021 c.100 §6; renumbered 660.511 in 2021] 458.568[2001 c.848 §2; 2005 c.29 §6; 2007 c.6 §3; 2012 c.97 §7; 2017 c.630 §11; 2018 c.98 §24; 2021 c.100 §7; renumbered 660.515 in 2021] 458.570[2001 c.848 §9; 2005 c.29 §7; 2021 c.100 §8; renumbered 660.518 in 2021] 458.573[2001 c.848 §6; 2005 c.29 §8; 2018 c.98 §25; 2021 c.100 §9; renumbered 660.520 in 2021] 458.575[2001 c.848 §8; 2005 c.29 §9; 2007 c.6 §4; 2021 c.100 §10; renumbered 660.523 in 2021] 458.577[2007 c.6 §1; repealed by 2021 c.100 §17] 458.578[2007 c.6 §2; 2017 c.725 §12; repealed by 2021 c.100 §17] 458.580[2012 c.97 §3; 2017 c.725 §13; repealed by 2017 c.630 §1] 458.581[2012 c.97 §4; repealed by 2017 c.630 §1] 458.582[2012 c.97 §9; repealed by 2017 c.630 §1] 458.584[2012 c.97 §5; repealed by 2017 c.630 §1] 458.585[2007 c.82 §1; repealed by 2021 c.100 §17] 458.590[2007 c.82 §2; repealed by 2021 c.100 §17] 458.595[2007 c.82 §3; repealed by 2021 c.100 §17] 458.600Policy and intent 458.605Findings 458.610Definitions; rules 458.620Oregon Housing Fund; subaccounts 458.625Housing Development Grant Program; uses; policies 458.630Housing Development and Guarantee Account; Guarantee Fund; uses; policies; fund transfers; rules 458.650Emergency Housing Account; grant policies 458.655Home Ownership Assistance Account; grant preferences 458.658Assistance for organizations supporting homeownership for persons of color 458.660Agricultural Worker Housing Development Account 458.665General Housing Account; rules 458.667[2015 c.737 §1; 2017 c.661 §1; repealed by 2020 s.s.2 c.10 §40 and 2023 c.435 §6] 458.670Definitions for ORS 458.670 to 458.700 458.675Legislative findings 458.680Persons qualifying as account holders 458.685Approved purpose of account; emergency withdrawal; withdrawal upon achievement of account purpose; removal of account holder from program 458.690Required account features 458.695Selection of fiduciary organizations 458.700Authority of fiduciary organizations; rules 458.705Legislative findings 458.710[1999 c.956 §6; repealed by 2015 c.180 §34] 458.715Duties of Oregon Housing Stability Council regarding Community Development Incentive Project Fund 458.720Community Development Incentive Project Fund; purpose; lottery bond proceeds 458.725Fund appropriation and expenditure guidelines 458.730Department use of financing mechanisms; determination of funding adequacy 458.735Department review of projects; lending criteria 458.740Project facilitation

Chapter 458 — Housing and Community Services Programs; Individual Development Accounts

ORS 458.690 Required account features

(1)

A fiduciary organization selected under ORS 458.695 may qualify as the recipient of account contributions that qualify the contributor for a tax credit under ORS 315.271 only if the fiduciary organization matches amounts deposited by the account holder according to a formula established by the fiduciary organization of not less than $1 nor more than $5 for each $1 deposited by the account holder. The matching funds must be deposited into a designated account that is controlled by the fiduciary organization and is separate from the savings account of the account holder.

(2)

A fiduciary organization shall maintain on deposit sufficient funds to cover the matching deposit agreements for all individual development accounts managed by the organization.

(3)

The maximum total amount of state-directed moneys that may be accrued as matching funds in an individual development account is $20,000.

(4)

The Housing and Community Services Department shall provide information to the Department of Revenue about all individual development account contributors that are qualified for a tax credit under ORS 315.271, if required by ORS 315.058. [1999 c.1000 §5; 2001 c.648 §5; 2003 c.280 §19; 2007 c.765 §5; 2015 c.843 §21; 2019 c.483 §24; 2021 c.525 §12; 2025 c.48 §1]

Note: Section 9 (1), chapter 765, Oregon Laws 2007, provides:

Sec. 9. (1) A credit may not be claimed under ORS 315.271 and 458.690 for tax years beginning on or after January 1, 2030.

Note: See note under 458.670.

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