Oregon Administrative Rules
Chapter 813 - OREGON HOUSING AND COMMUNITY SERVICES DEPARTMENT
Division 43 - HOUSING DEVELOPMENT AND LOAN GUARANTEE PROGRAM
Section 813-043-0050 - Criteria for Funding or Guarantee
Current through Register Vol. 63, No. 9, September 1, 2024
(1) A project grant award or loan guarantee shall be given preference based on:
(2) Among relatively equivalent applications for grant awards or loan guarantees for farmworker housing, the Department shall give preference to projects which are not under the control of employers. "Control" in this section means the ownership, management, or maintenance of the housing projects. "Employers" in this section includes relatives, agents, or associations of employers.
(3) In evaluating housing projects that serve a predominantly non-English speaking population, the Department shall give subordinate preference to projects which mitigate the language barrier impact in the provision of supportive services.
(4) A grant to a project shall be conditioned upon the continued use of the project for the targeted tenant group and provision of supportive services for the duration and to the extent indicated in the grant application. The Department, at its dicretion, may require repayment of the grant if all or part of the commitments to tenant groups, supportive services, or period of use for Low or Very Low Income housing are withdrawn from the project. Grant terms and conditions shall be established in a project use agreement and recorded.
(5) At least 75 percent of the revenue derived from the Account in any calendar year shall be used to produce housing for the Very Low Income persons, and no more than 25 percent of the revenue derived in any calendar year shall be used to produce housing for Low income households.
(6) At least 75 percent of the Account shall be used to guarantee loans made to finance the construction, development, acquisition or rehabilitation of housing for Very Low Income households. No more than 25 percent of the Account shall be used to guarantee loans made to finance the construction, development, acquisition or rehabilitation of housing for Low Income households.
Stat. Auth.: ORS 458.600 - ORS 458.650
Stats. Implemented: ORS 458.600 - ORS 458.650 & Ch. 740, OL 1991