Oregon committee hears hours of testimony on plan to limit state mortgage-interest deduction and fund down-payment aid Supporters told the House Revenue Committee HB 4136 would end the state mortgage interest deduction for secondary homes and dedicate about $9–10 million a year to down-payment assistance; industry groups warned it would raise costs for some homeowners and harm coastal economies.

Oregon's House Bill 4136 aims to cut mortgage-interest deductions on secondary homes, redirecting an estimated $10 million annually towards helping low-income families achieve homeownership.

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Senate committee weighs S.328: extends down-payment assistance, debates HOA leasing and retroactivity The Senate Committee on Economic Development, Housing & General Affairs reviewed S.328, which would extend a VHFA down‑payment assistance tax credit and add limits on homeowners association rules about leasing and family childcare homes. Members debated retroactive application and potential conflicts with affordable‑housing covenants and mortgage underwriting.

The Senate is considering a game-changing bill that could boost down-payment assistance and reshape rules for homeowners associations in Vermont!

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