Oregon Administrative Rules
Chapter 813 - OREGON HOUSING AND COMMUNITY SERVICES DEPARTMENT
Division 350 - GENERAL GUARANTEE PROGRAM
Section 813-350-0005 - Purpose and Objectives

Universal Citation: OR Admin Rules 813-350-0005
Current through Register Vol. 63, No. 9, September 1, 2024

OAR chapter 813, division 350 is promulgated to accomplish the general purposes of ORS 456.515 to 456.725, and more specifically, of ORS 456.625(12) and 456.625(16), which respectively authorize the Department to implement actions that the Department deems necessary or appropriate to carry out housing and community services programs, and to employ certain funds, inter alia, for loan guarantees. The General Guarantee Program as set forth in this Division establishes the process by which the Department may provide such loan guarantees to lenders, and lease guarantees to sponsors and leasing companies for the development of suitable housing for low and very-low income families and individuals including, but not limited to, disabled persons, farmworkers, and ex-offenders.

Stat. Auth.: ORS 183, ORS 456.555(2) & ORS 456.625(12)(16)

Stats. Implemented: ORS 456.625(12)(16)

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.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.