HB 3090
Directs the Housing and Community Services Department to amend its homeownership development incubator program for specified purposes.
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Sign in to take actionPublic sentiment
Support
91%
Oppose
9%
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill directs the Housing and Community Services Department to update its homeownership development incubator program. Specifically, the department must ensure that the program’s funding supports the creation of housing for households earning up to 120% of the area median income and provides pre-development funding to housing developers. The changes must be implemented by July 1, 2026, and the bill expires on January 2, 2028. The bill also appropriates $50,000,000 for the department to carry out these changes.
Key provisions
- The Housing and Community Services Department must amend the homeownership development incubator program.
- The program must prioritize housing for households earning up to 120% of the area median income.
- The program must provide predevelopment funding to housing developers.
- The amendment process must include the adoption of necessary rules.
- The amendment must be completed by July 1, 2026.
Who is affected
- Housing developers
- Households earning up to 120% of the area median income
- The Housing and Community Services Department
Notable changes
- The bill mandates specific criteria for housing development within the incubator program.
- It establishes a deadline for the department to implement the program changes.
Fiscal impact
$50,000,000 is appropriated to the Housing and Community Services Department for the biennium beginning July 1, 2025.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Emerson Levy
Cosponsor
Arguments in favor
Reasons to support this legislation.
Supporters of House Bill 3090 urge strong backing for the program, which provides funding for the Homeownership Development Incubator Program (HDIP) to expand Oregon's supply of entry-level homes. The program has already enabled the production of over 450 homes since its inception in 2023 and is critical to addressing the state's housing crisis. Proponents argue that increased affordable homeownership opportunities will help low-income families achieve stability, create generational wealth, and address disparities faced by BIPOC communities. By supporting HB 3090, Oregon can increase housing supply, promote middle-income homeownership development, and provide pre-development funding for rental housing to support affordable options.
Source: Testimony Summaries
Arguments opposed
Reasons to oppose this legislation.
Opponents of HB 3090 express concerns about the program's effectiveness and fairness. They argue that the housing development program may exacerbate indebtedness among households, as well as create fluctuations in median income, potentially leading to unequal access to government subsidies. Furthermore, some the program is discriminatory, citing its focus on providing housing for high-income households and offering predevelopment funding, which they claim unfairly targets specific demographic groups, thereby violating federal fair housing laws. Additionally, others worry that HB 3090 will worsen the struggles of individuals finding stable housing, particularly those new to tenancy who may make mistakes while learning, highlighting potential unintended consequences on vulnerable populations.