HB 3589
Requires the Housing and Community Services Department to develop a senior housing development initiative.
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Support
100%
Oppose
0%
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill directs the Housing and Community Services Department to create a senior housing development initiative. It will use funds from the Senior Property Tax Deferral Revolving Account and potentially excess funds from the Department of Revenue to support this initiative. The Department of Revenue will annually review the revolving account, and the initiative is set to sunset in 2031, while projects funded by the Elderly and Disabled Housing Fund remain eligible for affordable housing tax credits.
Key provisions
- Establishes a senior housing development initiative by the Housing and Community Services Department.
- Transfers funds from the Senior Property Tax Deferral Revolving Account to support the initiative.
- Requires the Department of Revenue to annually review the Senior Property Tax Deferral Revolving Account.
- Directs the Housing and Community Services Department to coordinate with the Oregon Health Authority’s Healthy Homes Program.
- Provides technical assistance to developers and stakeholders related to senior housing development.
- Sunset provision for the initiative in 2031.
- Projects funded by the Elderly and Disabled Housing Fund remain eligible for affordable housing tax credits.
- Establishes a process for transferring excess funds from the Senior Property Tax Deferral Revolving Account to the Elderly and Disabled Housing Fund.
Who is affected
- Older adults
- Persons with disabilities
- Housing developers
Sponsors
Official sponsors from legislative records.
Primary sponsors
Cosponsors
Arguments in favor
Reasons to support this legislation.
Testifiers across various organizations and individuals strongly support House Bill 3589, which aims to establish a senior housing development initiative to address the growing crisis of senior homelessness and affordable housing in Oregon. They emphasize the need for accessible, affordable, and safe housing options for older adults and people with disabilities, citing statistics on aging populations, financial insecurity, and the struggles of seniors who cannot safely navigate their current homes. The proposed bill is seen as a crucial step towards alleviating the burden of high housing costs on vulnerable populations, particularly low-income, older Oregon residents, and providing resources for age-friendly housing developments that prioritize visibility and accessibility. By supporting HB 3589, testifiers aim to address the growing need for affordable senior housing in Oregon and SW Washington, while promoting health and housing benefits for seniors across the state.
Source: Testimony Summaries
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