OAR 123-049-0035
Loan Fee


The Authority may charge a loan fee on all funding awards, unless eligible for any exceptions established in this rule. The loan fee amount will be set by the IFA Board and may be periodically revised by that Board.


The fee may be included as part of the loan principal.


Fee revenue shall be used for eligible Fund administrative costs incurred by the Authority.


A fee may not be charged to a community with a median household income that is below the state average as determined by the Authority.
(5) The loan interest rate plus assessed borrowing fees shall not exceed current market rate as determined by the Authority.
Last Updated

Jun. 8, 2021

Rule 123-049-0035’s source at or​.us