Oregon Code § 456.589·Enacted ·Last updated March 01, 2026
Statute Text
Legislative findings.
The Legislative Assembly finds that cities with a population of 300,000 or more
suffer from a lack of available mortgage financing for the purchase of
single-family homes in the core and inner areas of those cities. There is a
need for low-cost mortgage financing for single-family home purchasers in order
to prevent urban decay and blight and to promote the economic well being of
those core and inner areas. [1979 c.327 §30]
Plain English Explanation
This Oregon statute addresses Legislative findings. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 456.589
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Legislative findings. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 456.589. Use this format in legal documents and court filings.
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