ORS 308.701: Definitions for ORS 308.701 to 308.724.

As used in ORS 308.701 to 308.724:

      (1) “Government restriction on use” means a restriction that limits the use of multiunit rental housing to qualified income rental housing in order to receive a government incentive, including but not limited to the following government incentives:

      (a) A low income housing tax credit under section 42 of the Internal Revenue Code;

      (b) Financing derived from exempt facility bonds for qualified residential rental projects under section 142 of the Internal Revenue Code;

      (c) A low interest loan under section 235 or 236 of the National Housing Act (12 U.S.C. 1715z or 1715z-1) or under 42 U.S.C. 1485;

      (d) A government rent subsidy; and

      (e) A government guaranteed loan.

      (2) “Multiunit rental housing”:

      (a) Means residential property consisting of four or more dwelling units; and

      (b) Does not include assisted living facilities.