Or. Admin. R. 813-138-0045

Current through Register Vol. 63, No. 8, August 1, 2024
Section 813-138-0045 - [Effective until 11/24/2024] Applications for Rental Assistance and Comprehensive Tenancy Supportive Services Funding

To request Rental Assistance or Comprehensive Tenancy Supportive Services funding, Applicants must submit an application along with any applicable charges as required by the development resource funding request, if applicable. The Rental Assistance or Comprehensive Tenancy Supportive Services funding application required by the Department may request, among other information, the following:

(1) The type(s) of funding requested;
(2) The amount of funds requested from each funding category;
(3) The building location: state, county, town, street address and legal description
(4) An initial statement based on local homelessness data indicating whether or not there is a need for the proposed Project;
(5) The complete financial information about the proposed Project showing all sources and uses of funds;
(6) An operating pro forma statement on a cash flow basis showing net operating income before debt service;
(7) Evidence of a commitment for financing, federal loan insurance, or other major source of funds;
(8) Other financial information regarding grants, subsidies, or tax-exempt financing for the proposed Project;
(9) Implementation plans for Comprehensive Tenancy Support Services.

Or. Admin. R. 813-138-0045

OHCS 6-2023, adopt filed 04/10/2023, effective 4/12/2023; OHCS 16-2024, temporary amend filed 05/29/2024, effective 5/29/2024 through 11/24/2024

Statutory/Other Authority: ORS 456.612, ORS 456.620 & ORS 456.625

Statutes/Other Implemented: SB 5505 (2021), SB 5506 (2021), HB 5005 & HB 5050 (Section 26)