reglab/housing_qa huggingface dataset:
OR Rev Stat § 280.255 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.255

[1985 c.806 §3; 1989 c.908 §28; renumbered 285.070 in 1991]
OR Rev Stat § 280.260 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.260

[1985 c.806 §§2,4; 1989 c.908 §29; renumbered 285.075 in 1991]
OR Rev Stat § 280.265 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.265

[1985 c.806 §5; 1989 c.908 §30; renumbered 285.080 in 1991]
OR Rev Stat § 280.270 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.270

[1985 c.806 §13; 1989 c.908 §31; renumbered 285.065 in 1991]
OR Rev Stat § 280.310 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.310

[1975 c.316 §1; 1983 c.459 §1; renumbered 285.310 in 1991]
OR Rev Stat § 280.315 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.315

[1975 c.316 §2; 1983 c.459 §2; 1989 c.908 §32; renumbered 285.315 in 1991]
OR Rev Stat § 280.320 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.320

[1975 c.316 §3; 1977 c.147 §1; 1979 c.182 §8; 1981 c.282 §1; 1983 c.459 §9; 1985 c.806 §6; 1987 c.158 §38; 1989 c.908 §33; 1991 c.878 §1; renumbered 285.320 in 1991]
OR Rev Stat § 280.325 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.325

[1975 c.316 §4; 1989 c.908 §34; renumbered 285.325 in 1991]
OR Rev Stat § 280.330 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.330

[1975 c.316 §10; 1989 c.547 §1; 1989 c.908 §35; renumbered 285.330 in 1991]
OR Rev Stat § 280.335 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.335

[1975 c.316 §7; 1983 c.459 §10; renumbered 285.335 in 1991]
OR Rev Stat § 280.340 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.340

[1975 c.316 §8; 1989 c.908 §36; renumbered 285.340 in 1991]
OR Rev Stat § 280.345 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.345

[1975 c.316 §9; 1983 c.459 §11; renumbered 285.345 in 1991]
OR Rev Stat § 280.350 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.350

[1975 c.316 §6; 1983 c.459 §3; renumbered 285.350 in 1991]
OR Rev Stat § 280.355 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.355

[1975 c.316 §5; 1977 c.147 §2; renumbered 285.355 in 1991]
OR Rev Stat § 280.360 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.360

[1975 c.316 §11; 1983 c.459 §4; renumbered 285.360 in 1991]
OR Rev Stat § 280.365 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.365

[1975 c.316 §12; renumbered 285.365 in 1991]
OR Rev Stat § 280.370 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.370

[1975 c.316 §13; renumbered 285.370 in 1991]
OR Rev Stat § 280.375 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.375

[1975 c.316 §14; renumbered 285.375 in 1991]
OR Rev Stat § 280.380 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.380

[1975 c.316 §15; renumbered 285.380 in 1991]
OR Rev Stat § 280.385 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.385

[1975 c.316 §16; 1983 c.459 §12; renumbered 285.385 in 1991]
OR Rev Stat § 280.390 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.390

[1975 c.316 §17; 1979 c.284 §130; renumbered 285.390 in 1991]
OR Rev Stat § 280.393 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.393

[1983 c.459 §6; 1989 c.908 §37; renumbered 285.393 in 1991]
OR Rev Stat § 280.395 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.395

[1983 c.459 §7; 1989 c.966 §14; renumbered 285.395 in 1991]
OR Rev Stat § 280.397 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.397

[1983 c.459 §8; 1985 c.806 §7; 1987 c.840 §5; 1989 c.908 §38; renumbered 285.397 in 1991]
OR Rev Stat § 280.410 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.410 - Definitions for ORS 280.410 to 280.485.

As used in ORS 280.410 to 280.485 unless the context requires otherwise: (1)(a) "Economic development project" includes any properties, real or personal, used or useful in connection with a revenue producing enterprise. (b) "Economic development project" also includes multiple unit residential housing development, including low income single room occupancy housing, on land having an assessed valuation of $8 per square foot or more on September 13, 1975, land within a designated urban renewal or redevelopment area formed pursuant to ORS chapter 457, or projects which benefit low or moderate income tenants, or address slum and blight as defined by the 1974 Housing and Community Development Act. (c) "Economic development project" shall not include any facility or facilities designed primarily for the operation, transmission, sale or distribution of electrical energy. (2) "Eligible project" means an economic development project found by the city to meet standards adopted pursuant to ORS 280.410 to 280.485. (3) "City" means any city with a population of 70,000 or more. (4) "Cost" as applied to any project includes: (a) The cost of construction and reconstruction; (b) The cost of acquisition of property, including rights in land and other property, both real and personal and improved and unimproved and the cost of site improvements; (c) The cost of demolishing, removing or relocating any buildings or structures on lands so acquired, including the cost of acquiring any lands to which the buildings or structures may be moved or relocated; (d) The cost of eligible machinery and equipment and related financing charges; (e) The cost of engineering and architectural surveys, plans and specifications; (f) The cost of financing charges and interest prior to and during construction, and if deemed advisable by the city for a period not exceeding one year after completion of construction; and (g) The cost of consultant and legal services, other expenses necessary or incident to determining the feasibility or practicability of constructing a project, administrative and other expenses necessary or incident to the construction of the project, including, but not limited to, costs of relocation and moving expenses according to a project plan developed by the city, and the financing of the construction of the project thereof, including reimbursement to any state or other governmental agency or any lessee of such project for the expenditures made with the approval of the city that would be costs of the project under ORS 280.410 to 280.485 had they been made directly by the city. (5) "Low income" means an income not exceeding 80 percent of the prevailing median income, based on family size, within the city. [1977 c.772 §2; 1979 c.865 §1; 1981 c.368 §1; 1991 c.560 §1; 2003 c.286 §1]
OR Rev Stat § 280.415 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.415 - Legislative findings.

The Legislative Assembly finds that: (1) Cities with a population of 70,000 or more should be granted the powers granted to the state by ORS 285B.320 to 285B.371 in order to reduce substantially within their boundaries the occurrence of economic conditions requiring more expensive remedial action. There exist in Oregon’s larger cities substantial adverse economic conditions requiring immediate remedial action. Such conditions include decreasing opportunities for gainful employment and lack of sites and facilities for orderly and necessary retail, commercial and industrial growth. Amelioration of these conditions is deemed a public purpose and the acquisition of property for such purpose is deemed a public use. To meet the needs of these cities it is necessary to grant them full authority to undertake and complete development and redevelopment projects, and to assist public and private organizations engaged in such projects, including the issuance of industrial or other nonrecourse revenue bonds. It is the purpose of ORS 280.410 to 280.485 to authorize the exercise of such powers by cities with a population of 70,000 in addition to and not in lieu of any other powers such cities may possess. (2) The lack of residential housing in the core and inner areas of Oregon’s larger cities also is a cause of adverse economic conditions. Development of housing in such areas can be a factor which contributes to orderly economic growth by providing decent housing for workers necessary to attract and promote desirable retail, commercial and industrial growth. Therefore it is also the purpose of ORS 280.410 to 280.485 to permit cities with a population of 70,000 or more authority to issue revenue bonds for housing purposes. The Legislative Assembly, in granting this authority, intends to increase Oregon’s available housing stock. In exercising options under that authority, preference should be given by cities to those projects which add housing units through new construction or rehabilitation of nonresidential buildings. For low income single room occupancy housing, however, cities may renovate existing single room housing, convert nonresidential buildings or construct new buildings. (3) Cities with a population of 70,000 or more suffer from a lack of available mortgage financing for the purchase of multiple unit homes in such cities. There is a need for a low-cost mortgage financing for multiple unit home purchasers in order to prevent urban decay and blight and to promote the economic well-being of those cities. [1977 c.772 §1; 1979 c.865 §2; 1981 c.368 §2; 2003 c.286 §2]
OR Rev Stat § 280.420 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.420 - Eligibility of projects for financing; standards; ordinance for applications.

Prior to exercising any power granted by ORS 280.410 to 280.485 the governing body of a city shall: (1) Adopt by ordinance standards to determine the eligibility of economic development projects. In determining such standards, the governing body shall consider all relevant data without giving priority to one factor over others. The governing body may consider but is not limited to the following: (a) Density of use and potential impact in the area affected by the proposed project; (b) City’s ability to support other needed services resulting from economic development projects; (c) Effect of economic development projects on balanced economic development of the city; (d) Employment opportunities; and (e) Suitability of various areas in the city for particular types of economic development projects. (2) Adopt by ordinance procedures for the acceptance and processing of applications for consideration of the eligibility of economic development projects. The ordinance shall state what city officers shall receive such applications and shall provide for the content of any application form. [1977 c.772 §3]
OR Rev Stat § 280.422 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.422 - Exception to eligibility standards.

Low income single room occupancy housing projects need not meet the standards of an eligible project and any city standards adopted pursuant to ORS 280.410 to 280.485. [1981 c.368 §6]
OR Rev Stat § 280.424 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.424 - Bond-financed single room occupancy rental housing to conform with federal law.

Single room occupancy rental housing financed with bonds authorized by ORS 280.410, 280.415, 280.422 to 280.425 and 280.431 must conform to the requirements of the Federal Mortgage Subsidy Bond Tax Act of 1980. [1981 c.368 §8; 2003 c.286 §8]
OR Rev Stat § 280.425 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.425 - City powers concerning property.

In carrying out the provisions of ORS 280.410 to 280.485, a city may: (1) Acquire by agreement, donation or exercise of eminent domain, construct and hold in whole or in part any lands, buildings, easements, water and air rights, improvements to lands and buildings and capital equipment to be located permanently or used exclusively on such lands or in such buildings, which are deemed necessary in connection with an eligible project to be situated within the city and construct, reconstruct, improve, better and extend such projects, and enter into contracts therefor. (2) Sell and convey all properties acquired in connection with eligible projects, including without limitation the sale and conveyance thereof subject to any mortgage and the sale and conveyance thereof under an option granted to the lessee of the eligible project, for such price, and at such time as the city may determine. However, no sale or conveyance of such properties shall ever be made in such manner as to impair the rights of interests of the holder, or holders, of any bonds issued under the authority of ORS 280.410 to 280.485. (3) Make or participate in the making of loans, including mortgage loans, to provide for the construction, substantial rehabilitation or permanent financing of eligible projects and undertake commitments to make such loans. Mortgage loans under this section may include loans for the development of multiple unit residential housing and low income single room occupancy housing to housing sponsors qualified under standards adopted by the city pursuant to ORS 280.410 to 280.485. (4) For mortgage loans under subsection (3) of this section and ORS 280.430 (5), purchase and sell those mortgage loans at public or private sale; modify or alter such mortgages; foreclose on any such mortgage or security interest or commence any action to protect or enforce any right conferred upon the city by any law, mortgage, security, agreement, contract or other agreement and bid for and purchase property that is subject to such mortgage or security interest at any foreclosure or other sale; acquire or take possession of any such property and complete, administer, pay the principal and interest on any obligations incurred in connection with such property and dispose of such property in such a manner as the city determines necessary to protect its interest under ORS 280.410 to 280.485. [1977 c.772 §5; 1979 c.865 §3; 1981 c.368 §3; 2003 c.286 §3]
OR Rev Stat § 280.431 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.431 - Required condition of purchase for low income single room occupancy housing project.

Low income single room occupancy housing projects shall not be sold to any purchaser who does not agree as a condition of purchase to maintain the property as low income single room occupancy housing for at least 30 years or the term of the mortgage, whichever period is shorter. [1981 c.368 §7]
OR Rev Stat § 280.432 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.432 - Limitations on housing loans from bond proceeds; discrimination; relocation; conversion.

(1) Cities, in purchasing or servicing or making commitments to purchase or service residential mortgage loans under ORS 280.430 (5), shall not participate in the refinancing of housing by existent owners or purchasers of that housing and shall not allow the assumption of those loans by persons not eligible for them. (2) No owner-purchaser shall have more than one mortgage loan under ORS 280.430 (5) outstanding at any time. (3) No city shall make or participate in the making of a mortgage loan to a multiple unit residential housing project under ORS 280.425 (3) unless the housing sponsor has agreed to not discriminate against any dwelling unit purchaser or tenant who is a parent or legal guardian with whom a child resides or is expected to reside. This subsection shall not apply to housing projects occupied exclusively by households, the heads of which are 62 years of age or older. (4) Regardless of the ownership of property used for a multiple unit housing project financed under ORS 280.425 (3), a city shall, in financing the project, provide a plan for relocation of displaced persons. (5) A city shall not finance projects under ORS 280.425 (3) which result in the conversion of existing occupied residential rental units to cooperative or condominium projects. [1979 c.865 §2d]
OR Rev Stat § 280.435 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.435 - Limitation on city power.

Except as provided in ORS 280.425 (2), the city shall not have power to operate any eligible project as a business or in any manner whatsoever, and nothing in ORS 280.410 to 280.485 authorizes the city to expend any funds on any eligible project, other than the revenues of such projects, or the proceeds of revenue bonds issued hereunder, or other funds granted to or appropriated by the city for the purposes of an eligible project. [1977 c.772 §6; 2003 c.286 §5]
OR Rev Stat § 280.440 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.440 - Authority to issue revenue bonds.

(1) A city may authorize and issue revenue bonds secured by revenues from eligible economic development projects to finance or refinance in whole or part the cost of acquisition, construction, reconstruction, improvement or extension of projects. The bonds shall be identified by project. (2) A city may also authorize and issue revenue bonds secured by revenues from mortgage payments by purchasers of units within multiple unit housing projects. Such housing bonds need not be identified by project but may include more than one project or purpose within a single bond issue. (3) In issuing bonds under this section, the city shall designate an underwriter, trustee and bond counsel and enter into appropriate agreements with each to carry out the provisions of ORS 280.410 to 280.485. The bonds shall be issued in the manner prescribed by law and refunding bonds may be issued to refinance such revenue bonds. [1977 c.772 §7; 1979 c.865 §5]
OR Rev Stat § 280.445 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 280 - Financing of Local Public Projects and Improvements; City and County Economic Development|Section 280.445 - Factors considered in determining whether to issue bonds.

In determining whether to issue revenue bonds under ORS 280.410 to 280.485, the governing body of the city shall consider: (1) The bond market for the types of bonds proposed for issuance. (2) The terms and conditions of the proposed issue. (3) Whether the borrower, lessee or purchaser is financially responsible and fully capable and willing to fulfill its obligations under the loan agreement, agreement of lease or contract, including the obligation to pay rent in the amounts and at the times required, the obligation to operate, repair and maintain at its own expense the project financed, leased or sold, and to serve the purposes of ORS 280.410 to 280.485 and such other responsibilities as may be imposed under the loan agreement, lease or contract. In determining financial responsibility of the borrower, lessee or purchaser, consideration shall be given to the borrower’s, lessee’s or purchaser’s ratio of current assets to current liabilities, net worth, earning trends, coverage of all fixed charges, the nature of the industry or business involved, its inherent stability, any guarantee of the obligations by some other financially responsible corporation, firm or person, and other factors determinative of the capability of the borrower, lessee or purchaser, financially and otherwise, to fulfill its obligations consistently with the purposes of ORS 280.410 to 280.485. (4) Such other relevant factors as the governing body considers necessary to protect the financial integrity of the city. [1977 c.772 §8; 2003 c.286 §6]