Affordable Housing Insurance SB 829 RAC

Summary: A priority bill as part of the governor’s housing agenda, SB 829 takes several steps to address the affordability and availability of insurance for affordable housing entities. It establishes and funds a premium assistance program to help affordable housing entities, shelters, and Project Turnkey sites afford the cost of insurance. It directs DCBS to conduct a feasibility study for a reinsurance program or other risk mitigation program to address cost and availability for this insurance. It also enables the department to establish a so-called “export list” of hard-to-place coverages.

Rulemaking updates

Updates on the rulemaking process will appear here once Notice of Proposed Rulemaking has been filed.

• Hearing Officer Report
• Permanent filing
• Notice of Proposed Rulemaking
  

Public comment letters

• Public comments will be posted as they become available.

Committee Contacts

Brian Fjeldheim
Senior Policy Advisor
brian.fjeldheim@dcbs.oregon.gov
Phone: 503-856-2260

Karen Winkel
Rules Coordinator
Karen.J.Winkel@dcbs.oregon.gov
Phone: 503-947-7694