OAR 813-042-0060
Application Review
(1)
For applications where the amount requested from the Program does not exceed $100,000, the Department shall consider the application and make application approval, deny application approval, or request additional information within the timeframe set forth in the application materials.(2)
For applications where the amount requested is in excess of $100,000, or for requests or applications that would result in a cumulative award of more than $100,000 to a project, the Department shall consider the proposal and approve, disapprove or request additional information within the timeframe set forth in the application materials. If the Department proposes to award more than $100,000 to a project, it shall submit the proposal to the Housing Stability Council for review. The Council shall approve or disapprove the application at a public hearing of the Council, pursuant to ORS 456.571 (Powers and duties of council)(2).(3)
In reviewing applications for assistance, the Department and the Council, as appropriate, may consider, in addition to any special evaluation criteria, the following:(a)
Amount of available funds in the Program;(b)
Ability of the proposed project to meet proposed terms of loan repayment in cases where the awardee has requested funding as a loan;(c)
Availability of other sources of assistance; and(d)
Applicant’s efforts to leverage public or private funds.(4)
The Department shall select those applications which, in the judgment of the Department, best achieve the purposes of the Program and any evaluation criteria outlined in the Program application forms and handbooks.
Source:
Rule 813-042-0060 — Application Review, https://secure.sos.state.or.us/oard/view.action?ruleNumber=813-042-0060.