Digest: This Act allows DAS to designate state lands for homes for sale to first-time home owners and OHCS to designate locally identified land for homes for sale to lower income home owners. Designated lands are exempt from land use laws and, for five years, exempt from tax based on the value of the land. (Flesch Readability Score: 61.9)
Allows designation of Home Start Lands to be used for housing. Exempts Home Start Lands from statewide land use laws. Requires that the Home Start Lands designated by the Housing and Community Services Department be used for affordable housing. Requires that the Home Start Lands designated by the Oregon Department of Administrative Services be developed for housing by the department and sold to first-time home buyers under a lottery-based prioritization system.
Exempts dwellings created on Home Start Lands from property tax assessments on the value of the land for a period of five years following the sale to a homeowner. Applies to property tax years beginning July 1, 2028, and before July 1, 2034.