OAR 813-044-0005: Definitions

(1) "Federal Fair Housing Act" means the act, as established in 42 U.S. Code §§ 3601-3619, which prohibits discrimination in housing practices on the basis of race, color, religion, sex, national origin, familial status, and disability. (2) “ First Generation Homebuyer" means an individual; (a) whose living parents or legal guardians do not, to the best of the individual’s knowledge, have any present fee simple ownership interest in a principal residence in any state, excluding ownership of heir property; (b) Who, if no parents or legal guardians are living upon acquisition of the eligible home to be acquired using such assistance, to the best of the individual’s knowledge, their parents or legal guardians did not have any ownership interest in a principal residence in any state at the time of their death, excluding ownership of heir property; and, (c) whose spouse or domestic partner has not, during the three-year period ending upon acquisition of the eligible home to be acquired using such assistance had any present ownership interest in a principal residence in any state, excluding ownership of heir property, whether the individual is a co-borrower on the loan or not, OR (d) An individual who has at any time been placed in foster care or institutional care whose spouse or domestic partner has not, during the three-year period ending upon acquisition of the eligible home to be acquired using such assistance, had any ownership interest in a principal residence in any state, excluding ownership of heir property, whether such individuals are co-borrowers on the loan or not. (3) “First Time Homebuyer” means an individual who has not held an ownership interest in a principal residence at any time during the three year period ending on the date of the purchase of the property. (4) "Homeownership Center" means an organization that assists in securing the future of Oregonians by providing Homeownership Counseling and Education, Housing Counseling including Financial and Post-purchase counseling in an effort to create stable households throughout the state, particularly in communities of color. (5) "Homeownership Counseling" is defined in 24 CFR §5.100. (6) "Housing Counseling" is defined in 24 CFR §5.100. (7) "Organization" means an entity, as defined in ORS 458.600, that manages a homeownership program as required in ORS 458.655. (8) “Veteran Family” means a spouse of a deceased Veteran and has been determined by the United States Department of Veteran’s Affairs eligible to receive any benefit from that Department.