Oregon Administrative Rules
Chapter 141 - DEPARTMENT OF STATE LANDS
Division 60 - OREGON RURAL REHABILITATION FUND
Section 141-060-0040 - Review of Applications
Universal Citation: OR Admin Rules 141-060-0040
Current through Register Vol. 63, No. 9, September 1, 2024
(1) Within 30 days after the deadline for loan applications, the Division shall evaluate each application under the following criteria:
(a) Compliance with application requirements
and annual priorities or preferred uses approved by the Board;
(b) Need for the project and solution
effectiveness;
(c) Number of
project beneficiaries; and
(d)
Applicant's financial need.
(2) Results of the analysis shall be forwarded with recommendations for loan approvals to the Board at the next regularly scheduled meeting immediately following the evaluation.
Stat. Auth.: ORS 566
Stats. Implemented: ORS 566.310 - ORS 566.360
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