ORS 458.356
Manufactured dwelling replacement loans

  • eligibility
  • rules

(1)

The Housing and Community Services Department shall establish a program to provide loans to individuals to buy and site manufactured dwellings that replace older and less energy efficient manufactured dwellings, or manufactured dwellings destroyed by a natural disaster. The department may contract with local governments or public or private housing sponsors to carry out the department’s responsibilities under this program.

(2)

The department may make loans under the program only to individual borrowers who:

(a)

Are members of households with income that complies with income restrictions determined at the advice and consent of the Oregon Housing Stability Council, but not to exceed the greater of 100 percent of the statewide or local area median income adjusted for household size as determined annually by the Housing and Community Services Department using United States Department of Housing and Urban Development information; and

(b)

Will purchase a manufactured dwelling that:

(A)

Meets energy efficiency standards as prescribed by the Housing and Community Services Department;

(B)

Intentionally left blank —Ed.
(i)
Will be sited in a manufactured dwelling park that has registered with the department and either has entered into a regulatory agreement with the department or is negotiating a regulatory agreement that is at least partially conditioned upon the replacement of the dwelling;
(ii)
Will be sited on land owned or purchased under a land sale contract by the individual borrower; or
(iii)
Will be sited in a manufactured dwelling park that has been affected by a natural disaster and the department has, pursuant to rule, provided the borrower with a waiver of the requirement that the park enter into an agreement under sub-subparagraph (i) of this subparagraph; and

(C)

Will be the primary residence of the borrower throughout the term of the loan.

(3)

The department shall prescribe by rule the maximum loan amount per individual, lending requirements and terms for loans made under this program, including:

(a)

Interest rates charged to borrowers, if any;

(b)

Repayment requirements, if any;

(c)

Loan forgiveness opportunities, if any;

(d)

Affordability requirements; and

(e)

Remedies upon transfer or default.

(4)

In servicing loans under the program, the department shall deposit all moneys received into the Manufactured Home Preservation Fund established in ORS 458.366 (Manufactured Home Preservation Fund).

(5)

The council may establish priorities for evaluating loan applications and shall give consideration to prioritizing loans to borrowers who are:

(a)

From low income households; and

(b)

Decommissioning and replacing manufactured dwellings that are older or less resource or energy efficient. [2019 c.595 §6; 2021 c.31 §2]

Source: Section 458.356 — Manufactured dwelling replacement loans; eligibility; rules, https://www.­oregonlegislature.­gov/bills_laws/ors/ors458.­html.

458.210
Community development corporations
458.215
Local capacity building program
458.220
Community development corporation grants and assistance
458.225
Preference for certain community development corporations
458.235
Rules
458.240
Effect of law on other community development corporations
458.305
Legislative findings
458.310
Housing revitalization program
458.352
Manufactured dwelling park preservation loan program
458.356
Manufactured dwelling replacement loans
458.358
Manufactured dwelling decommissioning and disposing grants
458.362
Manufactured housing advisory committee
458.366
Manufactured Home Preservation Fund
458.375
Rental housing assistance for very low income elderly persons
458.377
Elderly Rental Assistance Fund
458.380
Housing for Mental Health Fund
458.390
Rental assistance program for youth and young adults at risk of homelessness
458.392
Long-Term Rent Assistance Fund
458.405
Legislative findings
458.410
Purposes
458.415
Rules
458.420
Conveyance of certain state real property for low-income housing
458.425
Restriction on conveyance of certain state real property
458.430
Authority of state to lease property not owned by state
458.440
Authorization to lease
458.445
Authority to relinquish title to property
458.450
Approval required by governing body where property located
458.460
Bidding procedure for multiple applicants
458.480
Definitions
458.485
Local Innovation and Fast Track Housing Program
458.490
Local Innovation and Fast Track Housing Program Fund
458.505
Community action agency network as delivery system for federal antipoverty programs
458.510
Energy Crisis Trust Fund
458.515
Oregon Housing Stability Council to advise and assist department regarding low income home energy assistance
458.525
Duties of Oregon Housing Stability Council in coordinating and monitoring homelessness relief efforts
458.528
Policy on homelessness
458.530
Policy on hunger
458.532
Hunger Task Force
458.540
Short title for ORS 458.530 to 458.545
458.545
Task force powers and duties
458.600
Policy and intent
458.605
Findings
458.610
Definitions for ORS 458.600 to 458.665
458.620
Oregon Housing Fund
458.625
Housing Development Grant Program
458.630
Housing Development and Guarantee Account
458.650
Emergency Housing Account
458.655
Home Ownership Assistance Account
458.658
Assistance for organizations supporting homeownership for persons of color
458.660
Agricultural Worker Housing Development Account
458.665
General Housing Account
458.670
Definitions for ORS 458.670 to 458.700
458.675
Legislative findings
458.680
Persons qualifying as account holders
458.685
Approved purpose of account
458.690
Required account features
458.695
Selection of fiduciary organizations
458.700
Authority of fiduciary organizations
458.705
Legislative findings
458.715
Duties of Oregon Housing Stability Council regarding Community Development Incentive Project Fund
458.720
Community Development Incentive Project Fund
458.725
Fund appropriation and expenditure guidelines
458.730
Department use of financing mechanisms
458.735
Department review of projects
458.740
Project facilitation
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