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2019 Oregon Revised Statutes
Volume : 07 - Public Facilities and Finance
Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development
Section 280.431 - Required condition of purchase for low income single room occupancy housing project.
Universal Citation: OR Rev Stat § 280.431 (2019)
Low income single room occupancy housing projects shall not be sold to any purchaser who does not agree as a condition of purchase to maintain the property as low income single room occupancy housing for at least 30 years or the term of the mortgage, whichever period is shorter. [1981 c.368 §7]
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