The Oregon State Legislature convened on January 18, 2025, to introduce House Bill 5011, a significant piece of legislation aimed at establishing a budget for the Housing and Community Services Department for the upcoming biennium. The bill, which has been presession filed at the request of the Oregon Department of Administrative Services, seeks to address critical funding needs within the state’s housing sector.

House Bill 5011 proposes a total appropriation of approximately $1.1 billion from the General Fund, allocated across various housing initiatives. Key provisions include $751 million for Housing Stabilization Programs, nearly $38 million for Project-Based Rental Housing Assistance, and over $64 million for Single Family Housing Programs. Additionally, the bill allocates funds for Disaster Recovery and Resilience efforts, as well as debt service related to bond activities.

The bill also sets limits on biennial expenditures from various revenue sources, including fees and federal funds, while excluding lottery funds. This financial framework aims to ensure that the Housing and Community Services Department can effectively manage its resources while addressing the pressing housing challenges faced by Oregonians.

Notably, the bill declares an emergency, indicating the urgency of the funding needs, with an effective date set for July 1, 2025. This provision underscores the critical nature of housing stability and support services in the state, particularly in light of ongoing economic pressures and the need for disaster recovery initiatives.

As discussions around House Bill 5011 progress, it is expected to spark debates regarding budget priorities and the allocation of state resources. Stakeholders from various sectors, including housing advocates and fiscal conservatives, may weigh in on the implications of the proposed funding levels and the overall impact on Oregon's housing landscape.

In summary, House Bill 5011 represents a pivotal step in addressing housing stability and community services in Oregon, with significant financial implications for the state's future. The bill's progression will be closely monitored as it moves through the legislative process, with potential ramifications for both the housing market and the broader community.