Oregon Administrative Rules
Chapter 813 - OREGON HOUSING AND COMMUNITY SERVICES DEPARTMENT
Division 140 - COMMUNITY DEVELOPMENT INCENTIVE PROJECT FUND
Section 813-140-0080 - Rating Criteria
Current through Register Vol. 63, No. 9, September 1, 2024
In addition to evaluation of a proposed project's compliance with the requirements of OAR 813-140-0050 and taking into consideration the preferences set forth in 813-140-0060, the evaluation of a proposed project may include, but is not limited to, consideration of the following:
(1) Any conditional or firm funding commitments or efforts to work with other funders to leverage all available resources;
(2) The readiness of the project to proceed once financing has been committed by the Department;
(3) In comparison with other proposed projects, the greatest impact on communities;
(4) Demonstration of realistic financial assumptions, including the need for a loan guarantee or grant funds, and the ability to repay loans;
(5) The strength of the development team as it relates to the scope of the project;
(6) Community support for the project as demonstrated by funding or fee waivers, resolution of support, or participation of community groups; and
(7) Appropriateness and uniqueness of the design of the project in relation to fulfilling the goals of the project and matching the context of the community.
Stat. Auth.: ORS 458.705 - 458.740
Stats. Implemented: ORS 458.705 - 458.740
