(2) The Oregon Business Development Department may accept grants, donations, contributions or gifts from any source for deposit in the Housing Infrastructure Project Fund.
(3) Interest earned by the fund shall be credited to the fund.
(4) Moneys in the fund are continuously appropriated to the department to administer the fund and to implement ORS 285B.424. [2025 c.497 §3]
Note: See note under 285B.424.
(Temporary provisions relating to support for municipal infrastructure planning)
Note: Sections 12 to 15, chapter 110, Oregon Laws 2024, provide:
Sec. 12. Sections 13 and 14 of this 2024 Act are added to and made a part of ORS chapter 285A. [2024 c.110 §12]
Sec. 13. Capacity and support for infrastructure planning. The Oregon Business Development Department shall provide capacity and support for infrastructure planning to municipalities to enable them to plan and finance infrastructure for water, sewers and sanitation, stormwater and transportation consistent with opportunities to produce housing units at densities defined in section 55 (3)(a)(C) of this 2024 Act. “Capacity and support” includes assistance with local financing opportunities, state and federal grant navigation, writing, review and administration, resource sharing, regional collaboration support and technical support, including engineering and design assistance and other capacity or support as the department may designate by rule. [2024 c.110 §13]
Sec. 14. Housing Infrastructure Support Fund. (1) The Housing Infrastructure Support Fund is established in the State Treasury, separate and distinct from the General Fund.
(2) The Housing Infrastructure Support Fund consists of moneys appropriated, allocated, deposited or transferred to the fund by the Legislative Assembly or otherwise.
(3) Interest earned by the fund shall be credited to the fund.
(4) Moneys in the fund are continuously appropriated to the Oregon Business Development Department to administer the fund and to implement section 13 of this 2024 Act. [2024 c.110 §14]
Sec. 15. Sunset. (1) Sections 13 and 14 of this 2024 Act are repealed on January 2, 2030.
(2) Any unobligated moneys in the Housing Infrastructure Support Fund on January 2, 2030, must be transferred to the General Fund for general governmental purposes. [2024 c.110 §15]
(Assistance from Special Public Works Fund)