Oregon Housing Fund; subaccounts.

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(a) The Housing Development and Guarantee Account;

(b) The Emergency Housing Account;

(c) The Home Ownership Assistance Account;

(d) The Agricultural Worker Housing Development Account; and

(e) The General Housing Account.

(2) Earnings on investment of moneys in:

(a) The Housing Development and Guarantee Account accrue to that account.

(b) The Emergency Housing Account accrue to that account.

(c) The Home Ownership Assistance Account accrue to that account.

(d) The Agricultural Worker Housing Development Account accrue to that account.

(e) The General Housing Account accrue to that account.

(3)(a) Moneys in the Housing Development and Guarantee Account are continuously appropriated to the Housing and Community Services Department to carry out the provisions of ORS 458.630.

(b) Moneys in the Emergency Housing Account are continuously appropriated to the department to carry out the provisions of ORS 458.650.

(c) Moneys in the Home Ownership Assistance Account are continuously appropriated to the department to carry out the provisions of ORS 458.655.

(d) Moneys in the Agricultural Worker Housing Development Account are continuously appropriated to the department to carry out the provisions of ORS 458.660.

(e) Moneys in the General Housing Account are continuously appropriated to the department to carry out the provisions of ORS 456.515 to 456.725.

(4) Individuals and corporations, both for profit or nonprofit, may make monetary contributions to be credited to:

(a) The Housing Development and Guarantee Account; or

(b) The General Housing Account. [1991 c.740 §§3,8; 1995 c.174 §1; 2001 c.310 §§2,3; 2009 c.18 §8; 2015 c.737 §2; 2019 c.576 §4; 2020 s.s.2 c.10 §39; 2021 c.525 §§23,24]

Note: 458.620 as set forth includes amendments by section 39, chapter 10, Oregon Laws 2020 (second special session), and reflects the repeal of 458.667 by section 40, chapter 10, Oregon Laws 2020 (second special session). 458.620 as set forth does not reflect the Governor’s intended veto of sections 39 and 40, chapter 10, Oregon Laws 2020 (second special session). This intended veto cites the single-item veto exception found in Article V, section 15a, of the Oregon Constitution, allowed for appropriation bills. As of this printing, Oregon appellate courts have not interpreted the term "appropriation bills" for purposes of Article V, section 15a.


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