In the event that more than one housing authority or appropriate nonprofit organization is interested in a building available for transfer under ORS 458.405 to 458.460, the state or its agency shall conduct a bidding process that takes into account: (1) The entity most capable of delivering services and housing options to conform with the purpose of ORS 458.405 to 458.460; (2) The fiduciary obligation of the state and its agencies to bondholders; and (3) Financial prudence. (Home Start Lands)
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