Oregon Administrative Rules
Chapter 813 - OREGON HOUSING AND COMMUNITY SERVICES DEPARTMENT
Division 35 - PASS-THROUGH REVENUE BOND FINANCING PROGRAM
Section 813-035-0036 - Eligible Projects
Universal Citation: OR Admin Rules 813-035-0036
Current through Register Vol. 63, No. 9, September 1, 2024
(1) The Department shall evaluate each Project for consistency with sound architectural and planning principles and underwriting standards.
(2) This Department evaluation may include, but is not limited to the following:
(a)
Site; location; market demand; financial feasibility; qualifications of general
contractor, management agent, and developer; appraisal; financial strength and
credit worthiness of the prospective Borrower; management plan; final
architectural package; prospective Borrower's organizational documents; title
report; and any other information the Department may prescribe;
(b) If subject to a Federal Housing
Assistance Payments contract, whether or not the Project complies with any
standards required by the U.S. Department of Housing and Urban Development
(HUD);
(c) Whether or not the
Project meets all applicable state and local land use and zoning requirements,
housing codes, and similar requirements;
(d) Whether or not the Project is located in
the State of Oregon; and
(e)
Whether or not the Project meets all applicable laws and other Program
requirements.
Publications: Publications referenced are available from the agency.
Stat. Auth.: ORS 90.800 - 90.840, 91.886, 183, 456.515 - 456.723 & 458.210 - 458.650
Stats. Implemented: ORS 456.555 & 456.625
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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