Oregon Administrative Rules
Chapter 813 - OREGON HOUSING AND COMMUNITY SERVICES DEPARTMENT
Division 115 - PUBLICLY SUPPORTED HOUSING PRESERVATION
Section 813-115-0020 - Inclusion of Local Government Subsidy Program Properties as Publicly Supported Housing

Universal Citation: OR Admin Rules 813-115-0020

Current through Register Vol. 63, No. 9, September 1, 2024

(1) A local government may make an application to OHCS requesting that a local subsidy program be included in the definition of publicly supported housing as provided by ORS 456.250(6)(a)(B).

(2) To be eligible for OHCS approval:

(a) The local subsidy program must require a deed restriction, loan agreement, operating agreement, or any other writing agreement that places an affordability restriction on the property; and

(b) The local government subsidy program must otherwise comply with and not be excluded from the definition of publicly supported housing (definition and exclusions are in ORS 456.250(6)(a); and

(3) If an application is approved by OHCS, property that is the subject of a contract by which the property becomes public supported housing that is subject to an affordability restriction becomes a participating property (as defined by ORS 456.250) and is subject to process requirements of this division of rules.

Statutory/Other Authority: ORS 456.258

Statutes/Other Implemented: ORS 456.250-456.265

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.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.