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.
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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