Relating to affordable housing; and declaring an emergency.
Summary
Establishes the Housing Opportunity, Longevity and Durability Fund to deposit Article XI-Q bonds to be used by the Housing and Community Services Department to preserve affordable housing at risk of loss. [ Authorizes the State Treasurer to issue $100 million in bonds for the fund for the 2025-2027 biennium. ] Requires the department to, with input from stakeholders, report to the interim committees of the Legislative Assembly relating to housing on or before December 1, 2026, on legal and policy barriers to affordable housing production. Declares an emergency, effective on passage.
Bill status
signed
all 5 stages cleared
Introduction
Feb 2026
Committee Review
Mar 2026
House Passage
Mar 2026
Senate Passage
Mar 2026
Signed into Law
Apr 2026
Introduced Feb 2, 2026
Signed Apr 7, 2026
Maddy AI version diff · 3 comparisons
What changed between versions
B-Engrossed
→
Enrolled
·
4 edits
·
Mar 10, 2026
MODERATE
The bill transitioned from a draft version to its final enrolled form, adding specific funding increases and expenditure limits to support the new affordable housing preservation fund. The core policy requirements for the fund and reporting remain consistent, but the final version includes explicit budget adjustments to ensure the department has the necessary resources to operate.
Scope change
The bill's scope remains focused on affordable housing preservation, but the final version adds specific financial provisions to fund the new program.
FISCAL
Added Section 5 to increase the appropriation for the Housing and Community Services Department by $150,000 to administer the new fund.
Added Section 6 to increase the expenditure limit for the department by $145,175 for program administration costs.
TECHNICAL
Changed the document header from 'B-Engrossed' to 'Enrolled' and updated the page numbering and formatting to reflect the final legislative version.
Added a new Section 7 to amend ORS 456.559, though the specific text of this amendment was cut off in the provided excerpt.
Floor votes · Senate Mar 6, 2026 · House Mar 4, 2026
How they voted
22–7
Passed · 1 other
Total votes 30
Mar 6, 2026
D
Democratic18
100% Yea
R
Republican12
58% Nay
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
21
Key actions
9
Committee
8
Apr 7, 2026
Signed into law
Governor signed.
lower
Mar 10, 2026
Upper · Passed
President signed.
upper
Mar 10, 2026
Lower · Passed
Speaker signed.
lower
Mar 6, 2026
Upper · Passed
Third reading. Carried by Pham. Passed.
upper
Mar 5, 2026
Upper · Passed
Recommendation: Do pass the B-Eng. bill.
upper
Mar 4, 2026
Committee
Referred to Ways and Means.
upper
Mar 4, 2026
Introduced
First reading. Referred to President's desk.
upper
Mar 4, 2026
Lower · Passed
Third reading. Carried by Marsh. Passed.
lower
Mar 3, 2026
Lower · Passed
Recommendation: Do pass with amendments and be printed B-Engrossed.
lower
Mar 2, 2026
Lower · Passed
Returned to Full Committee.
lower
Feb 25, 2026
Committee
Assigned to Subcommittee On Capital Construction.
lower
Feb 12, 2026
Committee
Referred to Ways and Means by prior reference.
lower
Feb 12, 2026
Lower · Passed
Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Ways and Means by prior reference.
lower
Feb 2, 2026
Committee
Referred to Housing and Homelessness with subsequent referral to Ways and Means.
lower
Feb 2, 2026
Introduced
First reading. Referred to Speaker's desk.
lower
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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