Or. Admin. Code § 813-060-0036

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

Section 813-060-0036 - Interim Loans

(1) The Department may from time to time make available funds for construction, acquisition and/or rehabilitation, or other financing of Disabled Projects, for a term not to exceed five years.

(2) Notwithstanding any other requirements of OAR chapter 813, division 060, the Department may, as funds are available, solicit applications for the use of such funds. Application shall specify in writing any terms and conditions of the available funds, as well as criteria or priorities the Department shall use to evaluate and select applications for funding.

(3) The Department shall evaluate application received in accordance with Program policies and priorities approved by the State Housing Council, and with applicable requirements of OAR chapter 813, division 60.

Or. Admin. Code § 813-060-0036

OHCS 5-2007, f. & cert. ef. 1-11-07

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

Stats. Implemented: ORS 456.515 - 456.720