Oregon Housing Bills Near Final Passage 3/5/2026

(Parenthesis) indicates the position of the Multifamily NW Apartment Association

HB 4036 B (Support)—Likely to pass.

The bill establishes the Preserve Affordable Homes for Oregon Fund, which will deposit Article XI-Q bonds to safeguard affordable housing at risk of loss.Requires the Housing and Community Services 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.

• Scheduled for a 2nd reading in the Senate on 3/5/26 and a third reading on 3/6/26.

HB 4037 B (Support)—Likely to pass.

The bill modifies specific conditions of the revolving loan program, enabling cities and counties to finance affordable housing projects. Allows state agencies to adjust the terms of a grant made to the Network for Oregon Affordable Housing in the last biennium. Authorizes the Housing Accountability and Production Office to enter an interim administrative order against local governments. Limits the review of building permits for housing with two or fewer dwelling units. The act establishes a local government process for land use approvals for housing, subject only to clear and objective standards, conditions, and procedures. Shortens the period under which local governments may review similar housing development applications by the same applicant. Establishes responsibilities for landlords and tenants for residential tenancies destroyed by natural disasters. Requires state agencies to prioritize housing providers when transferring surplus real property.

• Scheduled for 3rd reading in the House 3/5/26

HB 4082 B (Support)—Likely to pass

Adds to the temporary UGB addition program an option for each city or Metro to also add to its urban growth boundary a site for manufactured dwelling parks or housing for older persons that is affordable for households with incomes not exceeding 120 percent of the area median income.

• Third reading on the Senate floor 3/4; passed 28-1
• Scheduled for 3rd reading in the House 3/6/2026

HB 4120 A (Support) – Passing

Allows residential landlords of multifamily housing to convert premises to nonsmoking for existing tenants upon 90 days’ written notice. Applies to new and existing rental agreements.

• The Speaker of the House signed. On the Senate President’s desk, awaiting signature.

HB 4123 A (Neutral) – Passing [ICE-related]

Limits the circumstances under which a landlord may disclose confidential information. Authorizes statutory damages for individuals affected by knowing violations.

• The Speaker of the House signed. On the Senate President’s desk, awaiting signature.

HB 4128 B (Neutral) – Passing

Prohibits covered entities from purchasing, acquiring, or offering to purchase or acquire a single-family residence unless the residence has been listed for sale to the general public for at least 90 days. Provides that the 90-day waiting period restarts each time the sale price is modified. ><p>Requires a covered entity or its agent, upon making an offer to purchase or acquire a single-family residence, to submit a completed and notarized disclosure form to the seller or seller’s agent.

Requires the covered entity to submit the same form to the Department of Justice within three days of submitting the form to the seller or seller’s agent.

Authorizes the Attorney General to bring a civil action in circuit court against a covered entity for declaratory relief, to restrain a threatened or actual violation of the 90-day waiting period or disclosure form requirements, or to otherwise compel compliance with those requirements.

Authorizes the Attorney General to impose a civil penalty against a covered entity upon finding a violation. [Note: Covered entities are institutional real estate investors or any entity receiving funding from an institutional real estate investor, including shell companies or affiliates.]

• The Senate and the House have passed. Awaiting finalization by legislative counsel.

SB 1521 A (Neutral) –  Passing

[Note: the language here is confusing, but it excludes Portland’s existing IZ and is meant to discourage anyone else from adopting similar programs without additional compensation to developers.]

Prohibits cities and counties within the Portland MSA from enforcing requirements that developers provide affordable units in multiunit dwellings unless the city or county first calculates the developers’ average expected losses due to providing affordable housing and the city or county offsets those losses.

• The Senate and the House have passed. Awaiting finalization by legislative counsel.

SB 1567 B(Support) – Passing

Authorizes the Housing and Community Services Department to fund mixed-income housing. Requires the department to develop a mixed-income housing loan program. Establishes the Mixed Income Development Loan Fund for such purposes.

• The Senate and the House have passed. Awaiting finalization by legislative counsel.

SB 1576  A (Neutral) – Passing

Requires the Director of the Department of Consumer and Business Services to adopt rules to conform the state building code to accessibility requirements under the Fair Housing Act and to certain American National Standards Institute standards for housing accessibility. Prohibits the Housing and Community Services Department from funding new rental housing that is a subsidized development unless the housing meets specified accessibility standards. [Note: deals with the number of handicapped units required in affordable housing.]

• Signed by the President of the Senate. Heading to the Speaker of the House.