2015 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, tenants’ association supported nonprofit organizations and housing authorities and to help tenants in activities related to the purchase or preservation of a mobile home park or a manufactured dwelling park by a tenants’ association, a manufactured dwelling park nonprofit cooperative, a tenants’ association supported nonprofit organization, a housing authority or a corporate entity legally capable of purchasing real property that is formed by or associated with tenants pursuant to ORS 90.844.

(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 tenants who are individuals 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, a manufactured dwelling park nonprofit cooperative, a tenants’ association supported nonprofit organization or a housing authority; or

(b) A corporate entity legally capable of purchasing real property that is formed by or associated with tenants pursuant to ORS 90.844 and 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; 2014 c.89 §15]