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HB4036 Creates $100M Housing Opportunity, Longevity and Durability Fund

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Summary

Oregon HB4036 establishes the Housing Opportunity, Longevity and Durability Fund and authorizes the State Treasurer to issue $100 million in Article XI-Q bonds during the 2025-2027 biennium for affordable housing preservation. The Oregon Housing and Community Services Department must submit a report by December 1, 2026, identifying legal and policy barriers to affordable housing production.

What changed

Oregon HB4036 establishes a new affordable housing bond fund and requires state reporting on housing barriers. The legislation creates the Housing Opportunity, Longevity and Durability Fund, authorizes $100 million in Article XI-Q bonds for the 2025-2027 biennium, and directs OHCS to report on barriers to affordable housing production by December 2026.

Affected parties include the Oregon Housing and Community Services Department, the State Treasurer's office, and stakeholders providing input on housing barriers. The bill declares an emergency and took effect immediately upon passage, with the official effective date of April 13, 2026.

What to do next

  1. Oregon Housing and Community Services Department to administer the $100M Housing Opportunity, Longevity and Durability Fund for affordable housing preservation
  2. OHCS to submit a report by December 1, 2026, on legal and policy barriers to affordable housing production
  3. State Treasurer to issue Article XI-Q bonds as authorized

Archived snapshot

Apr 14, 2026

GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.

ChangeBridge / Oregon / HB4036 Effective Date HB4036 House Bill Effective Date 2026-04-13

Relating to affordable housing; and declaring an emergency.

This Act sets up a bond fund to preserve low-cost housing and requires OHCS to report on low-cost housing barriers. (Flesch Readability Score: 63.8). Establishes the Housing Opportunity, Longevity and Durability Fund to deposit Article XI-Q bonds to be used by the Housing and Community Services Department to preserve affordable housing at risk of loss. [Authorizes the State Treasurer to issue $100 million in bonds for the fund for the 2025-2027 biennium.] Requires the department to, with input from stakeholders, report to the interim committees of the Legislative Assembly relating to housing on or before December 1, 2026, on legal and policy barriers to affordable housing production. Declares an emergency, effective on passage.

Bill Details

State Oregon

Session 2026 Legislative Measures

Chamber House

Official Source olis.oregonlegislature.gov/liz/2026R1/Meas...

LegiScan View on LegiScan

Action History

2026-04-13 H Chapter 107, (2026 Laws): Effective date April 7, 2026. 2026-04-07 H Governor signed. 2026-03-10 S President signed. 2026-03-10 H Speaker signed. 2026-03-06 S Third reading. Carried by Pham. Passed. Ayes, 22; Nays, 7--Drazan, Girod, Linthicum, Robinson, Starr, Thatcher, Weber; Excused, 1--Hayden. 2026-03-05 S Second reading. 2026-03-05 S Recommendation: Do pass the B-Eng. bill. 2026-03-04 S Referred to Ways and Means. 2026-03-04 S First reading. Referred to President's desk. 2026-03-04 H Third reading. Carried by Marsh. Passed. Ayes, 44; Nays, 12--Boshart Davis, Cate, Elmer, Harbick, Helfrich, Lewis, Osborne, Reschke, Scharf, Skarlatos, Wallan, Yunker; Excused, 3--Hartman, Levy B, Valderrama; Excused for Business of the House, 1--McIntire. 2026-03-03 H Second reading. 2026-03-03 H Recommendation: Do pass with amendments and be printed B-Engrossed. 2026-03-02 H Returned to Full Committee. 2026-03-02 H Work Session held. 2026-03-02 H Work Session held. 2026-02-25 H Assigned to Subcommittee On Capital Construction. 2026-02-12 H Referred to Ways and Means by prior reference. 2026-02-12 H Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Ways and Means by prior reference. 2026-02-10 H Work Session held. 2026-02-03 H Public Hearing held. 2026-02-02 H Referred to Housing and Homelessness with subsequent referral to Ways and Means. 2026-02-02 H First reading. Referred to Speaker's desk.

Votes

2026-02-10 House Committee Do pass with amendments and be referred to Ways and Means by prior reference. (Printed A-Eng.) Yea: 12 Nay: 0 2026-03-02 House Committee Do pass with amendments to the A-Eng bill. (Printed B-Eng.) Yea: 21 Nay: 0 2026-03-04 House Third Reading Yea: 44 Nay: 12 2026-03-06 Senate Third Reading Yea: 22 Nay: 7

Committee Referrals

2026-02-02 H Housing and Homelessness 2026-02-12 J Ways and Means 2026-02-25 J Capitol Construction 2026-03-04 J Ways and Means

Amendments

2026-02-03 House Committee On Housing and Homelessness Amendment #-2 2026-02-05 House Committee On Housing and Homelessness Amendment #-2 2026-02-10 House Committee On Housing and Homelessness Amendment #-2 2026-03-02 Joint Subcommittee On Capital Construction Amendment #-A4 2026-03-02 Joint Committee On Ways and Means Amendment #-A4 Adopted

Bill Text Versions

0000-00-00 Introduced 0000-00-00 Introduced 0000-00-00 Engrossed 0000-00-00 Engrossed 0000-00-00 Engrossed 0000-00-00 Enrolled Legislative data powered by LegiScan (CC BY 4.0)

Named provisions

Housing Opportunity, Longevity and Durability Fund Article XI-Q Bond Authorization Affordable Housing Barriers Report

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Last updated

Classification

Agency
OR Legislature
Published
April 13th, 2026
Compliance deadline
December 1st, 2026 (230 days)
Instrument
Rule
Legal weight
Binding
Stage
Final
Change scope
Substantive
Document ID
2026 Oregon Laws Ch. 107

Who this affects

Applies to
Government agencies Healthcare providers Nonprofits
Industry sector
2361 Construction 9211 Government & Public Administration
Activity scope
Bond issuance Affordable housing programs Legislative reporting
Geographic scope
US-OR US-OR

Taxonomy

Primary area
Housing
Operational domain
Compliance
Topics
Public Health Government Contracting

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