Or. Rev. Stat. § 307.237
Housing Project Revolving Loan Fund
Oregon · Oregon Revised Statutes Chapter 307 — Property Subject to Taxation; Exemptions · Status: effective
Cite this
- Citation
- Or. Rev. Stat. § 307.237, Housing Project Revolving Loan Fund, Oregon, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2493484
- Permanent ID
ys:prov:2493484@1- SHA-256
5d31686d306c761ea44b1729b32aaab367191017a5157e464765622c2303dc90
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(1) The Housing Project Revolving Loan Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Housing Project Revolving Loan Fund shall be credited to the fund.
(2) Moneys in the fund may be invested as provided by ORS 293.701 to 293.857, and the earnings from the investments shall be credited to the fund.
(3) Moneys in the Housing Project Revolving Loan Fund shall consist of:
(a) Amounts appropriated or otherwise transferred or credited to the fund by the Legislative Assembly;
(b) Net fee moneys transferred under ORS 307.231;
(c) Amounts deposited in the fund under ORS 307.233;
(d) Repayment amounts deposited in the fund under ORS 307.223;
(e) Interest and other earnings received on moneys in the fund; and
(f) Other moneys or proceeds of property from any public or private source that are transferred, donated or otherwise credited to the fund.
(4) Moneys in the Housing Project Revolving Loan Fund are continuously appropriated to the Housing and Community Services Department for the purpose of paying amounts determined under ORS 307.221.
(5) Moneys in the Housing Project Revolving Loan Fund at the end of a biennium shall be retained in the fund and used for the purposes set forth in subsection (4) of this section.