There is a newer version of the Oregon Revised Statutes
2015 Oregon Revised Statutes
Volume : 11 - Public Health, Housing, Environment
Chapter 456 - Housing
Section 456.627 - Legislative finding on availability of single-family residential loans.
OR Rev Stat § 456.627 (2015) What's This?
Notwithstanding the provisions of ORS 456.625 (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 to 456.725.
[1981 c.504 §12; 1995 c.79 §253]
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