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.
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