(1) The Legislative Assembly finds and declares that:

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(a) The maintenance of a pool of affordable housing for all citizens is a matter of statewide concern.

(b) The contracts for many participating properties in this state that are publicly supported housing are about to expire or otherwise terminate. State and local governments need an effective process for assessing these expiring and terminating contracts and determining whether to assume ownership of the participating properties. The assessment and determination process should ensure appropriate statewide uniformity while maintaining local flexibility. The process should also ensure the rights of property owners and tenants to fair treatment as the contracts expire.

(2) ORS § 456.255 to 456.267 are intended to provide a framework for addressing the withdrawal of participating property from publicly supported housing. [1999 c.275 § 2; 2017 c.608 § 2]

See second note under 456.250.