Oregon Administrative Rules
Chapter 813 - OREGON HOUSING AND COMMUNITY SERVICES DEPARTMENT
Division 125 - CO-LOCATION OF AFFORDABLE RENTAL HOUSING AND EARLY CARE AND EDUCATION (CARE)
Section 813-125-0010 - Definitions
Current through Register Vol. 63, No. 9, September 1, 2024
Terms used throughout OAR chapter 813, division 125 may be defined in Oregon Revised Statute (ORS) or in the OHCS General Definitions (OAR 813-005-0005). Terms used within this division observe those definitions except as defined below:
(1) "Affordable Housing" means housing that is affordable to households with incomes less than or equal to 80 percent of the area median income for the county in which the housing is built.
(2) "Co-Location" means facilitating the development, placement or enhancement of childcare facilities within affordable housing developments.
(3) "Community Development Finance Institution (CDFI)" means a federally insured and regulated depository institutions with a primary mission of community development. CDFI's are certified by the U.S. Department of Treasury and include requirements that at least 60 percent of their financing activities be targeted to one or more low- and moderate income (LMI) populations or underserved communities.
(4) "Department" means the Housing and Community Services Department for the State of Oregon.
(5) "Early Care & Education (ECE) Centers" means any of the following child care types as described by the Oregon Department of Education:
(6) "Early Care & Education (ECE) Development" means new construction, development, rehabilitation, improvements, retrofitting, or remodeling (including approved tenant improvements) to allow for or enhance ECE opportunities.
(7) "Early Care & Education (ECE) Operators/Provider" means any of the following entities and their staff:
(8) "Regulated Affordable Housing" means a residential unit subject to a regulatory agreement that runs with the land and that requires affordability for an established income level for a defined period of time.
(9) "Third Party Administrator" means a Community Development Finance Institution (CDFI).
Statutory/Other Authority: ORS 456.555 & ORS 456.502
Statutes/Other Implemented: ORS 456.555 & ORS 456.502