Oregon Revised Statutes Chapter 184 § 184.453 — Statewide housing analysis; allocation of housing needs; publication of maximum

Statewide housing analysis; allocation of housing needs; publication of maximum sales prices, income affordability requirements. (1) On an annual basis the Oregon Department of Administrative Services shall conduct a statewide housing analysis. The analysis must be conducted statewide and segmented into regions as determined by the department. The analysis shall estimate factors including, but not limited to: (a) Projected needed housing units over the next 20 years; (b) Current housing underproduction; (c) Housing units needed for people experiencing homelessness; and (d) Housing units projected to be converted into vacation homes or second homes during the next 20 years. (2) At the time the department performs the housing analysis under subsection (1) of this section, the department shall allocate a housing need for each city. For Metro urban unincorporated lands, as defined in ORS 197A.015, the department shall make one allocation for each county in Metro. (3) In making an allocation under subsection (2) of this section, the department shall consider: (a) The forecasted population growth under ORS 195.033 or 195.036; (b) The forecasted regional job growth; (c) An equitable statewide distribution of housing for income levels described in subsection (4) of this section; (d) The estimates made under subsection (1) of this section; (e) For cities within Metro, the needed housing projected under ORS 197A.348 (2); and (f) The purpose of the Oregon Housing Needs Analysis under ORS 184.451 (1). (4) In estimating and allocating housing need under this section, the department shall segment need by the following income levels: (a) Housing affordable to households making less than 30 percent of median family income; (b) Housing affordable to households making 30 percent or more and less than 60 percent of median family income; (c) Housing affordable to households making 60 percent or more and less than 80 percent of median family income; (d) Housing affordable to households making 80 percent or more and less than 120 percent of median family income; and (e) Housing affordable to households making 120 percent or more of median family income. (5) On an annual basis, the department shall publish maximum sales prices and income affordability requirements, by region, as described in ORS 197A.421 (1). [2023 c.13 §2; 2023 c.326 §2; 2024 c.102 §6; 2025 c.476 §5a]