ORS 307.213: Definitions for ORS 307.213 to 307.237.

As used in ORS 307.213 to 307.237: (1) “Agency loan” means a loan made by the Housing and Community Services Department pursuant to a program adopted under ORS 307.221. (2) “Assessor,” “tax collector” and “treasurer” mean the individual filling that county office so named or any county officer performing the functions of the office under another name. (3) “County tax officers” and “tax officers” mean the assessor, tax collector and treasurer of a county. (4) “Eligible costs” means the following costs associated with an eligible housing project: (a) Infrastructure costs, including, but not limited to, system development charges; (b) Predevelopment costs; (c) Construction costs; and (d) Land write-downs. (5) “Eligible housing project” means a project to construct housing, or to convert a building from a nonresidential use to housing, that is: (a) Affordable to households with low income or moderate income as those terms are defined in ORS 458.610; (b) If for-sale property, a single-family dwelling, middle housing as defined in ORS 197A.420 or a multifamily dwelling that is affordable as described in paragraph (a) of this subsection continuously from initial sale for a period, to be established by the Housing and Community Services Department and the sponsoring jurisdiction, of not less than the term of the agency loan related to the for-sale property; or (c) If rental property: (A)(i) Middle housing as defined in ORS 197A.420; (ii) A multifamily dwelling; (iii) An accessory dwelling unit as defined in ORS 215.501; or (iv) Any other form of affordable housing or moderate income housing; and (B) Rented at a monthly rate that is affordable to households with an annual income not greater than 120 percent of the area median income, such affordability to be maintained for a period, to be established by the department and the sponsoring jurisdiction, of not less than the term of the agency loan related to the rental property. (6) “Eligible housing project property” means the taxable real and personal property constituting the improvements of an eligible housing project. (7) “Fee payer” means, for any property tax year, the person responsible for paying ad valorem property taxes on eligible housing project property to which a project grant awarded under ORS 307.225 relates. (8) “Fire district taxes” means property taxes levied by fire districts within whose territory all or a portion of eligible housing project property is located. (9) “Nonexempt property” means property other than eligible housing project property in the tax account that includes eligible housing project property. (10) “Nonexempt taxes” means the ad valorem property taxes assessed on nonexempt property. (11) “Project funding” means a project grant or a project loan. (12) “Project funding agreement” means an agreement entered into between a sponsoring jurisdiction and a developer under ORS 307.225 for a project grant or a project loan. (13) “Project grant” means a grant awarded by a sponsoring jurisdiction under a project funding program adopted pursuant to ORS 307.214. (14) “Project loan” means a loan made by a sponsoring jurisdiction under a project funding program adopted pursuant to ORS 307.214. (15) “Sponsoring jurisdiction” means: (a)(A) A city with respect to eligible housing projects located within the city boundaries; or (B) A county with respect to eligible housing projects located in urban unincorporated areas of the county; or (b) The governing body of a city or county described in paragraph (a) of this subsection. [2024 c.110 §24; 2025 c.530 §11]