Requires a landlord of publicly supported housing to provide all applicants and new tenants notice of when the affordability restrictions may be terminated. Becomes operative January 1, 2026. Extends from 20 months to 30 months the minimum notice landlords must give existing tenants notice of expiring affordability restrictions. This notice must be written in each of the five most commonly spoken languages in Oregon other than English. Requires the Housing and Community Services Department to adopt rules by December 1, 2025, that prescribe the form of the notice and translations. Applies to properties with restrictions ending on or after July 1, 2028. Takes effect on the 91st day following adjournment sine die.
For many families, securing affordable housing means long term stability. But most of Oregon’s affordable housing is not guaranteed to be permanent. The notice SB 937 creates will give applicants the critical information they need to understand the period of their rental agreement.
SB 31 creates a fund to mitigate the impacts of expiring affordability for tenants. These funds can be used flexibly to meet each household’s own circumstances. Eligible uses include: helping offset the higher, market-rate rents at a tenant’s current property; moving expenses; rental application fees; security deposit and first/last month’s rent for a new home.
SB 32 will improve public knowledge of this looming crisis by improving the OHCS preservation dashboard. The data that will be publicly reported will help legislators respond to the problem of expiring affordable housing, and will support the efforts of affordable housing providers that seek to purchase expiring properties in order to keep them affordable.
EMAIL COMMITTEE
Sen.KhanhPham@OregonLegislature.gov,
Sen.DickAnderson@OregonLegislature.gov,
Sen.AnthonyBroadman@OregonLegislature.gov,
Sen.ToddNash@OregonLegislature.gov,
Sen.DebPatterson@OregonLegislature.gov
Why in the world should any landlord have to give 30 months notice for a rent increase? Do the legislators give us 30 months notice of their tax increases? Here they are, crying about housing shortages, then turn right around and stick it to landlords yet again. Oregon is one of the worst states to try being a landlord in, thanks to unbelievable, ridiculous laws like this.
This has to do with a contractual agreement where the landlord receives subsidies for a specific period. In that time the tenant is to become self-sufficient. It has a specific end date, so where the landlord notifies them 20 or 30 months out that they will no long qualify for subsidizes housing should make no difference to the landlord, but will give the tenant longer to prepare. I am changing this to a yes.