OAR 813-009-0015
Application Review
(1)
The Department will reasonably act to acknowledge receipt of the application and to request any additional information concerning the application within 30 calendar days of its receipt of the application.(2)
The Department will reasonably act to advise the applicant in writing of the action taken by the Department with respect to the application within 60 calendar days of the Department’s receipt of the application and any additional information requested by the Department.(3)
In reviewing an application for a loan, the Department may consider factors including, but not limited to the following:(a)
Factors related to the availability of Park Purchase Account funds and the timing or amount of any loan as referenced in OAR 813-009-0010 (Application Procedure and Requirements);(b)
The accuracy and responsiveness of the application;(c)
The validity and organizational integrity of the applying entity;(d)
Whether or not the applying entity is a Qualified Facility Purchase Association and, if so, the percentage of residents in the Park that it represents.(e)
The availability of other sources of funds or assistance for the purchase of the Park and associated costs. Preference in the evaluation of applications may be given by the Department to Qualified Facility Purchase Associations and, among such associations, to those with the higher level of resident representation.
Source:
Rule 813-009-0015 — Application Review, https://secure.sos.state.or.us/oard/view.action?ruleNumber=813-009-0015.