Oregon Administrative Rules
813 - Oregon Housing and Community Services Department
Division 30 - ELDERLY HOUSING PROGRAM
813-030-0030 - Eligible Elderly Housing Projects

Universal Citation: OR Admin Rules 813-030-0030
Oregon Housing and Community Services Department Chapter 813 Division 30
ELDERLY HOUSING PROGRAM

813-030-0030
Eligible Elderly Housing Projects

(1) The Department shall evaluate each Project for consistency with the Department's interpretation of sound architectural design and prudent underwriting standards as established in OAR 813-030-0031.

(2) In order to qualify for a loan, a Project shall:

(a) Be approved by the Department with respect to site; location; market demand; financial feasibility; qualifications of general contractor, management agent and developer; appraisal; financial strength and credit worthiness of the Eligible Borrower ; management plan; final architectural package; Eligible Borrower’s organizational documents; American Land Title Association (ALTA) title report; and any other information the Department shall require;

(b) Meet all applicable state and local land use and zoning requirements, housing codes, licensing, and similar requirements;

(c) Be in compliance with federal regulations, state statutes and Program rules;

(d) Be located in the State of Oregon; and

(e) Remain affordable in terms of the loan documents.

Statutory/Other Authority: ORS 90.800 - 90.840, 91.886, 183, 456.515 - 456.723 & 458.210 - 458.650
Statutes/Other Implemented: ORS 456.515 - 456.720
History:
OHCS 2-2007, f. & cert. ef. 1-11-07
HSG 8-1991, f. & cert. ef. 12-23-91
HSG 2-1991(Temp), f. & cert. ef. 8-7-91
HSG 11-1989, f. & cert. ef. 11-3-89
HSG 3-1989(Temp), f. & cert. ef. 6-8-89
HSG 7-1987, f. & ef. 3-10-87
HSG 3-1987(Temp), f. & ef. 2-5-87
1HD 11-1984, f. & ef. 9-4-84
1HD 5-1984, f. 7-5-84, ef. 7-8-84
1HD 3-1984(Temp), f. & ef. 5-25-84
Reverted to 1HD 15-1980, f. & ef. 12-4-80
1HD 8-1983(Temp), f. & ef. 11-7-83
1HD 15-1980, f. & ef. 12-4-80
1HD 4-1979, f. & ef. 9-11-79

Disclaimer: These regulations may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.