ORS 406.146
Veterans’ Housing and Community Services Department Dedicated Lottery Fund
(2)
Net proceeds of lottery bonds issued under this section must be transferred to the Department of Veterans’ Affairs for deposit in the Veterans’ Affordable Housing Fund, established in section 40, chapter 671, Oregon Laws 2019, for distribution to Salem Y Veterans Housing to construct veterans’ affordable housing in Salem.(3)
The Legislative Assembly finds that the use of lottery bond proceeds will create jobs, further economic development, finance public education or restore and protect parks, beaches, watersheds and native fish and wildlife, and is authorized based on the following findings:(a)
Having housing for at-risk populations is essential to Oregon’s healthy economic growth.(b)
A severe shortage of affordable housing exists in Oregon, and market indicators demonstrate a growing gap between the supply of and the demand for affordable housing. [2019 c.671 §39; 2021 c.682 §18](2)
Moneys in the fund are continuously appropriated to the Department of Veterans’ Affairs for disbursement for the purposes set forth in section 39, chapter 671, Oregon Laws 2019, as amended by section 18 of this 2021 Act. [2019 c.671 §40; 2021 c.682 §19]
Source:
Section 406.146 — Veterans’ Housing and Community Services Department Dedicated Lottery Fund, https://www.oregonlegislature.gov/bills_laws/ors/ors406.html
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