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. 3, March 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
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