Oregon Administrative Rules
Chapter 813 - OREGON HOUSING AND COMMUNITY SERVICES DEPARTMENT
Division 40 - SEED MONEY ADVANCE PROGRAM
Section 813-040-0015 - Eligibility for the Seed Money Advance

Universal Citation: OR Admin Rules 813-040-0015
Current through Register Vol. 63, No. 9, September 1, 2024

The prospective Nonprofit Borrower or other Borrower will demonstrate the need of a Seed Money Advance to pay Predevelopment Costs as set forth in the Proposal and will satisfy the standards of the Department for financial responsibility and stability.

Stat. Auth.: ORS 90.800 - 90.840, 91.886, 183, 456.515 - 456.723 & 458.210 - 458.650

Stats. Implemented: ORS 456.550, 456.559, 456.574 & 456.710

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