Call to Action: Oregon Rental Owners Must Contact Legislators in Support of SB 330 Before Tuesday, March 2nd Public Hearing

Call to Action: Oregon Rental Owners Must Contact Legislators in Support of SB 330 Before Tuesday, March 2nd Public Hearing

Oregon Senate Housing & Development Committee Hearing
on SB 330 is Tuesday, March 2 at 1 pm. YOUR TESTIMONY IS NEEDED!

  • SB
    330 establishes income tax credits for forgiveness of a tenant’s past due
    rent or other charges by a housing provider. Non-Oregon taxpayers who
    forgive rent may sell their credits to others who can use them. Coupling
    this tax credit with robust direct assistance through emergency housing
    vouchers and the housing provider compensation fund will address Oregon’s
    COVID-19 rental housing crisis.

Click here to
read the text of the bill.

Hearing Details:

Who: Senate Committee on Housing and Development
When: Tuesday, March 2, 1 pm
Link to hearing page

How to testify: The best way is to share your story with the senate committee
members and explain why SB 330 needs their support.

We also encourage you to share the
following messages:

  • SB 330 provides immediate protection to renters, relief to
    housing providers, and it is workable for the state’s budget situation.
  • If the state fails to act, housing instability and rent prices
    will rise while Oregon’s rental housing inventory will implode.
  • It is clear that the need for direct assistance will surpass the
    funding available, therefore I support Senator Betsy Johnson’s plan to
    address Oregon’s housing crisis. Please pass SB 330 without delay.

HOW TO TESTIFY

The most effective way to connect
with the committee is to testify live virtually during the hearing, then
submitting your testimony for the record in writing as well.

Testify Virtually:

  1. All legislative public hearings are held on Microsoft Teams. If
    you have not testified remotely before, make sure to visit the
    Legislature’s “How to Testify Remotely” web page and review the
    instructions carefully
    .
  2. Registration
    is required to testify by phone or video link. To sign up, use this online
    form.
    Click here. 
    Registration closes at the
    time the meeting is scheduled to begin.Your testimony will be uploaded to
    OLIS as part of the public legislative record: more information.

Testify In writing:
You can also submit written testimony either electronically:
Electronic: Click here. 

By Mail: 900 Court Street NE, Salem, OR
97301

(Source: MultifamilyNW)
HFO Investment Real Estate specializes in multifamily brokerage sales and advisory services for commercial real estate investors and apartment owners throughout Oregon and Washington. Build your legacy at http://www.hfore.com