Or. Admin. Code § 741-020-0060

Current through Register Vol. 63, No. 12, December 1, 2024

Section 741-020-0060 - Grant Awards and Match

(1) Grant awards shall not exceed 75% of the total Project costs. Loans may be for the full amount of the project. In no case, shall any one project receive more than 50% of the funds available to the Program.

(2) Any required local share of a project grant can be cash, or a combination of cash and in-kind services.

(3) Grants and loans will be awarded only when there are sufficient funds available to cover the costs of the loans and grants.

Or. Admin. Code § 741-020-0060

RD 3-2004, f.& cert. ef. 5-20-04

Stat. Auth.: ORS 184.616, 184.619 & 823.011

Stats. Implemented: ORS 367.070 & Sec. 10. Ch. 741 OL 2003