Oregon Administrative Rules
Chapter 813 - OREGON HOUSING AND COMMUNITY SERVICES DEPARTMENT
Division 28 - HOUSING PRESERVATION FUND PROGRAM
Section 813-028-0070 - General Administrative and Monitoring Requirements

Universal Citation: OR Admin Rules 813-028-0070

Current through Register Vol. 63, No. 3, March 1, 2024

(1) A recipient of fund moneys shall furnish annual reports and other materials to the Department as required by the Department.

(2) A recipient of fund moneys is subject to reviews or field inspections, or both, by the Department that the Department determines to be appropriate for ensuring compliance.

(3) A recipient of fund moneys shall retain financial records, supporting documents and all other pertinent records for six years after affordability expires or after any litigation or audit claim is resolved, whichever is later. The recipient shall provide the Department access to all books, accounts, documents, records and other property belonging to or in use by the recipient and relating to the use of the fund moneys.

(4) A recipient must certify final uses of preservation proceeds for tax exempt eligible uses.

Stat. Auth.: ORS 456.555

Stats. Implemented: 2009 OL Ch. 906 Sec. 5

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