ORS 456.627
Legislative finding on availability of single-family residential loans

Notwithstanding the provisions of ORS 456.625 (Powers of department) (7), the Housing and Community Services Department shall not make any single-family residential loan directly to any individual unless the Legislative Assembly or Emergency Board finds that private lending institutions are unwilling or unable to participate in the department’s single-family residential loan programs or portions of those programs under ORS 456.548 (Definitions for ORS 456.548 to 456.725) to 456.725 (Discrimination against purchaser with children prohibited). [1981 c.504 §12; 1995 c.79 §253]


Last accessed
Jun. 26, 2021