Oregon Administrative Rules
Chapter 813 - OREGON HOUSING AND COMMUNITY SERVICES DEPARTMENT
Division 45 - HOUSING DEVELOPMENT ACCOUNT PROGRAM
Section 813-045-0025 - Application Review
Current through Register Vol. 63, No. 9, September 1, 2024
(1) For loans or grants where the amount requested from the Housing Development Account does not exceed $100,000, or any other form of assistance, the Department shall consider the application and approve, disapprove, or request additional information on the application within 30 calendar days of receipt of the application.
(2) For loans or grants where the amount requested from the Housing Development Account is in excess of $100,000, the Department shall consider the application and approve, disapprove or request additional information on the application within 30 calendar days of receipt of the application. If the Department proposes to make the loan or grant, it shall submit the loan or grant it proposes to make to the State Housing Council for review. The State Housing Council shall approve or disapprove the loan or grant at a public hearing of the Council, pursuant to ORS 456.571(2). The Department shall advise the applicant in writing of the action taken by the State Housing Council within 15 calendar days of such meeting.
(3) In reviewing applications for assistance, the Department and the State Housing Council, as appropriate, may consider, but are not limited to, the following:
Stat. Auth.: ORS 90.800 - ORS 90.840, ORS 91.886, ORS 183, ORS 456.515 - ORS 456.723 & ORS 458.210 - ORS 458.650
Stats. Implemented: ORS 456.515 - ORS 456.720