Local REALTORS Fight for Homeownership in Salem

Bend, OR, April 5, 2019. Over fifty members of the Central Oregon Association of REALTORS (COAR) attended the 2019 REALTOR Day at the Capitol on April 2ndto meet with Senator Tim Knopp, Representative Cheri Helt, Representative Mike McClainand Representative Jack Zika. "Being active with fellow Realtors is one key to success for all of us. This week’s trip to Salem was no exception. We all learned details about how our lawmaking process works and got to ask direct questions of our lawmakersin person. And help those lawmakers better understand how parts of some bills proposed affect private property rights via real -life stories from our clients, “ said Dave Feagans, past COAR President.

Issues that were discussed with Central Oregon legislators included:

  • Support for Senate Bill 2-A, Eastern Oregon Economic Development Opportunity Zones.SB 2 would authorize ten Eastern Oregon counties (Baker, Gilliam, Grant, Harney, Lake, Malheur, Sherman, Union, Wallowa and Wheeler) to conduct an economic opportunity analysis outside of their Urban Growth Boundaries (UGB) as part of their comprehensive plan. The bill seeks to help areas with declining populations and slow recoveryfrom the recession spur economic activity.

  • Support for House Bill 2001, Missing Middle Housing. This bill will encourage more development in existing neighborhoods to help ease the shortage of 155,000 housing units with admendmentsaddressing city size and lack of local control.
  • Support Senate Bill 88, Accessory Dwelling Units (ADU) for Rural Residential Zones. SB 88 authorizes owners of a lot or parcelzoned rural residential to construct one ADU on lots over 2 acres.
  • Support House Bill 2055/2056-Workforce Housing Accelerator. These bills will expand the Workforce Housing Initiative beyond thefive pilot projects (out of 31 applications) being selected to form partnerships between local communities, businessand private developers to address the workforce housing shortage.
  • SupportSenate Bill 790 and House Bill 3133-Individual Development Accounts (IDA). IDAs help Oregonians that areunder80% of the Area Median Income buildfinancial skills as they save toward a goal. The Initiativeusually matches $3 for every $1 saved.
  • Oppose House Bill 3349-Phase-Out and Means Test for the MortgageInterested Deduction (MID). With the median home price in Oregon exceeding over $400,000 in many communities, the MID can make the difference between a family being able to purchase a home or being a renter. The bill targets residences with an income test to receive the MID and second homes, often purchased with the intent of being a primary residence in the future.

The positions Realtors discussed are focused on protecting private property rights and increasing opportunities for homeownership. “I think it is so important and helpful to see first-handhow our political system works, and how every individual can make a difference,”saidSusanna Abrahamson, COAR State Director.

The Central Oregon Association of REALTORS® (COAR) is your voice in real estate industry in Crook,  Deschutes,  Jefferson  and  Harney  Counties.  COAR  serves  REALTORS®  by  maintaining ethical  standards,  providing  continuing  education,  promoting  the  value  of  REALTORS®,  and advocating on behalf of the real estate industry. COAR serves the public by working to build better  communities  by  supporting  quality  growth  and  seeking  sustainable  economies  and housing opportunities that embrace the environmental qualities we cherish, while protecting a property owner's ability to own, use, buy, and sell property.

Local REALTORS Fight for Homeownership in Salem