Oregon
Rule Rule 123-090-0040
Director’s Review


(1)

Projects shall not be funded by the Fund unless the Director finds that:

(a)

The Project is or will be supported by the maximum feasible amount of local and private financial participation;

(b)

The Project will produce significant long-term, regional or statewide economic impacts;

(c)

The Project will not require continuing state subsidies;

(d)

The Project does not supplant private investment or duplicate or undermine similar efforts; and,

(e)

The Project meets, or can be reasonably expected to meet, at least one of the following criteria:

(A)

The Project uses existing human and natural resources to harness Oregons economic comparative advantage;

(B)

The Project promotes economic and community recovery in Rural or Distressed areas, or among populations suffering economic hardship;

(C)

The Project creates, or leads to the creation or retention of jobs of higher income for Oregonians;

(D)

The Project promotes the development of new national and international markets for goods and services produced in Oregon; or,

(2)

If the Project affects land use, it must satisfy the applicable requirements of OAR chapter 123, division 8 of this Department.

(3)

Funding decisions shall be made by either the Governor or the Director.
Source
Last accessed
Aug. 23, 2019