OAR 813-042-0020
Eligibility for Housing Development Grant Program Funds

The Department shall provide grants and/or loans from Account revenue subject to the availability of funds and limitations otherwise prescribed by law for any or all of the following purposes:

(1)

To organizations and for-profit business entities to construct new housing or to acquire and/or rehabilitate existing structures for housing low- and/or very-low income households.

(2)

To nonprofit organizations, as set forth in ORS 458.210 (Community development corporations) to 458.240 (Effect of law on other community development corporations) to provide technical assistance and/or predevelopment costs. Predevelopment costs include, but are not limited to, site acquisition, architectural services and project consultants. Predevelopment costs do not include costs described in subsection (3) of this rule.

(3)

For costs to develop, nonprofit organizations that show sufficient evidence of having strong community support and a strong likelihood of producing low- and very-low income housing. No account funds shall be used by an organization for its general operations.

(4)

To match public and private moneys available from other sources for the purposes of production of low- and very-low income housing.

Source: Rule 813-042-0020 — Eligibility for Housing Development Grant Program Funds, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=813-042-0020.

Last Updated

Jun. 8, 2021

Rule 813-042-0020’s source at or​.us