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OHBA - Oregon Home Builders Association

03/07/2018 | News release | Distributed by Public on 03/08/2018 18:52

Legislature triples document-recording fees for affordable housing

Affordable housing advocates and Realtors are cheering the Oregon Legislature's passage of a bill that doubles state funding for housing and allows tax-free savings accounts for down payments.

The affordable housing money, an estimated $61 million in the 2019-21 biennium, will come from tripling a document-­recording fee collected by county clerks. On June 4, the affordable-housing fee will go from $20 to $60.

Read more (from source): Legislature triples document-recording fees for affordable housing