PRIA Logo™
OregonSB 15672026 Regular SessionSenateWALLET

Relating to mixed income housing; and prescribing an effective date.

Sponsored By: Deb Patterson (Democratic), Dick Anderson (Republican), Khanh Pham (Democratic), Mark Meek (Democratic)

Became Law

Your PRIA Score

Score Hidden

Personalized for You

How does this bill affect your finances?

Sign up for a PRIA Policy Scan to see your personalized alignment score for this bill and every other piece of legislation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.

Free to start

Bill Overview

Analyzed Economic Effects

3 provisions identified: 3 benefits, 0 costs, 0 mixed.

New loans for mixed-income apartments

The Housing and Community Services Department provides below-market, short-term loans to build mixed-income apartments with both market-rate and income-restricted homes. Projects must include at least one unit for households earning under 120% of area median income. The Housing Stability Council can set a minimum share or number of these affordable units. The department sets who can borrow, interest rates and terms, how many units must be restricted, and how long units stay affordable; the minimum period is at least the loan term and is enforced with affordability covenants. The department also sets how to split shared costs, like parking and infrastructure, to the affordable share. State loans are normally behind private loans on the property unless the private lender agrees otherwise. By January 1, 2027, the department must adopt initial rules.

Housing agency prioritizes affordable homes

The law updates the housing department’s mission. Its financing now expressly targets affordable homes for lower-income households, including through mixed-income developments. This focuses future programs, rules, and funding on affordability.

State fund backs mixed-income housing

The law creates the Mixed Income Development Loan Fund in the State Treasury. Money comes from loan payments, state appropriations, authorized bonds, and other sources; interest stays in the fund. About $20 million is transferred into the fund to start the program. The fund is continuously appropriated to the Housing and Community Services Department to make and run these loans.

Sponsors & Cosponsors

Sponsors

  • Deb Patterson

    Democratic • Senate

  • Dick Anderson

    Republican • Senate

  • Khanh Pham

    Democratic • Senate

  • Mark Meek

    Democratic • Senate

Cosponsors

  • Anthony Broadman

    Democratic • Senate

  • April Dobson

    Democratic • House

  • Courtney Neron Misslin

    Democratic • Senate

  • Cyrus Javadi

    Democratic • House

  • David Gomberg

    Democratic • House

  • Emerson Levy

    Democratic • House

  • Farrah Chaichi

    Democratic • House

  • Hai Pham

    Democratic • House

  • Janeen Sollman

    Democratic • Senate

  • Jeff Golden

    Democratic • Senate

  • Kevin Mannix

    Republican • House

  • Lamar Wise

    Democratic • House

  • Lesly Muñoz

    Democratic • House

  • Lew Frederick

    Democratic • Senate

  • Mark Gamba

    Democratic • House

  • Rob Nosse

    Democratic • House

  • Sara Gelser Blouin

    Democratic • Senate

  • Sarah McDonald

    Democratic • House

  • Sue Rieke Smith

    Democratic • House

  • Susan McLain

    Democratic • House

  • Thuy Tran

    Democratic • House

  • Tom Andersen

    Democratic • House

  • Travis Nelson

    Democratic • House

  • Willy Chotzen

    Democratic • House

  • Zach Hudson

    Democratic • House

Roll Call Votes

All Roll Calls

Yes: 114 • No: 11

House vote • 3/4/2026

Third reading. Carried by Gamba. Passed.

Yes: 47 • No: 4

Senate vote • 2/27/2026

Third reading. Carried by Pham. Passed.

Yes: 22 • No: 3

legislature vote • 2/25/2026

Ways and Means: Heard and Reported Out with Amendments

Yes: 40 • No: 4

Senate vote • 2/5/2026

Housing and Development: Heard and Reported Out with Amendments

Yes: 5 • No: 0

Actions Timeline

  1. Effective date, June 5, 2026.

    4/6/2026Senate

  2. Chapter 91, 2026 Laws.

    4/6/2026Senate

  3. Governor signed.

    3/31/2026Senate

  4. Speaker signed.

    3/5/2026House

  5. President signed.

    3/5/2026Senate

  6. Third reading. Carried by Gamba. Passed.

    3/4/2026House

  7. Rules suspended. Carried over to March 4, 2026 Calendar.

    3/3/2026House

  8. Second reading.

    3/2/2026House

  9. Recommendation: Do pass.

    2/27/2026House

  10. Referred to Ways and Means.

    2/27/2026House

  11. First reading. Referred to Speaker's desk.

    2/27/2026House

  12. Third reading. Carried by Pham. Passed.

    2/27/2026Senate

  13. Second reading.

    2/26/2026Senate

  14. Recommendation: Do pass with amendments to the A-Eng. bill. (Printed B-Eng.)

    2/25/2026Senate

  15. Work Session held.

    2/25/2026Senate

  16. Returned to Full Committee.

    2/24/2026Senate

  17. Work Session held.

    2/24/2026Senate

  18. Assigned to Subcommittee On Transportation and Economic Development.

    2/23/2026Senate

  19. Referred to Ways and Means by prior reference.

    2/9/2026Senate

  20. Recommendation: Do pass with amendments and be referred to Ways and Means by prior reference. (Printed A-Eng.)

    2/9/2026Senate

  21. Work Session held.

    2/5/2026Senate

  22. Public Hearing held.

    2/3/2026Senate

  23. Referred to Housing and Development, then Ways and Means.

    2/2/2026Senate

  24. Introduction and first reading. Referred to President's desk.

    2/2/2026Senate

Bill Text

  • Enrolled

    3/4/2026

    PDF

  • B-Engrossed

    2/25/2026

    PDF

  • JWM Amendment -A3 (Adopted)

    2/25/2026

    PDF

  • Senate Amendments to A-Engrossed

    2/25/2026

    PDF

  • JWMTR Amendment -A3 (Proposed)

    2/24/2026

    PDF

  • A-Engrossed

    2/9/2026

    PDF

  • Senate Amendments to Introduced

    2/9/2026

    PDF

  • SHDEV Amendment -1 (Adopted)

    2/5/2026

    PDF

  • Introduced

    1/28/2026

    PDF

Related Bills

Back to State Legislation