2013 Oregon Revised Statutes
Volume : 11 - Public Health, Housing, Environment
Chapter 456 - Housing
Section 456.581 - Mobile Home Parks Purchase Account; use; rules.
The Mobile Home Parks Purchase Account established in ORS 456.579 shall be used by the Housing and Community Services Department to provide:
(1) Technical assistance to tenants' associations, manufactured dwelling park nonprofit cooperatives and tenants' association supported nonprofit organizations and to facility purchase associations, as defined in ORS 90.100, and to help tenants in activities related to the purchase or preservation of a mobile home park or manufactured dwelling park by a tenants' association, manufactured dwelling park nonprofit cooperative, tenants' association supported nonprofit organization or facility purchase association.
(2) By rule, loans for initial costs for purchasing a mobile home park or manufactured dwelling park that the department determines has a significant percentage of residents who are persons of lower income. Loans provided under this section may be made only if the department is of the opinion that the purchase is economically feasible and only to:
(a) A tenants' association, manufactured dwelling park nonprofit cooperative or a tenants' association supported nonprofit organization; or
(b) A facility purchase association established pursuant to ORS 90.815 that includes more than 50 percent of the tenants residing in the park. [1989 c.919 §2; 1999 c.222 §3; 2007 c.607 §14]
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