Oregon Administrative Rules
Chapter 813 - OREGON HOUSING AND COMMUNITY SERVICES DEPARTMENT
Division 300 - INDIVIDUAL DEVELOPMENT ACCOUNTS (IDA)
Section 813-300-0070 - Fiduciary Organization Funding

Universal Citation: OR Admin Rules 813-300-0070

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

(1) Fiduciary organizations may solicit contributions and otherwise generate funding to finance their operations and to effectuate their program plan.

(2) Fiduciary organizations may apply to the Department or its designee for supplemental funding. Applications for supplemental funding must be in form, timing, and content satisfactory to the Department or its designee.

(3) The Department or its designee may provide supplemental funding and the conditions thereof in response to such applications, or on its own initiative, as the Department deems appropriate. In making supplemental funding determinations the Department or its designee may consider factors including, but not limited to the following:

(a) The financial need of the fiduciary organization;

(b) The progress of the fiduciary organization in implementing its program plan;

(c) Factors relevant to the Department's or designee's review of the fiduciary organization's application for authorization;

(d) The fiduciary organization's own fundraising efforts;

(e) The availability of Department or its designee funds for this purpose; and

(f) The need for services in the area addressed by the fiduciary organization.

Statutory/Other Authority: ORS 456.555, ORS 456.625 & ORS 458.700

Statutes/Other Implemented: ORS 315.271 & ORS 458.670 - 458.700

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.
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