OAR 813-043-0050
Criteria for Funding or Guarantee
(1)
A project grant award or loan guarantee shall be given preference based on:(a)
Providing the greatest number of Low and Very Low Income housing units for the least amount of account funds expended or committed toward matching funds from other loans, grants, or eligible In-Kind Contributions;(b)
Insuring the longest possible use as Low or Very Low Income housing units; or(c)
Including a program of services for occupants of proposed housing including, but not limited to, programs that address home health care, mental health services, alcohol and drug treatment and post-treatment care, child care and case management;(d)
Other subordinate criteria as determined by the Department including, but not limited to:(A)
Providing housing for a seasonal workforce, where a critical need for housing such a workforce exists in the community;(B)
Providing housing for specific populations which have top priority for that region in the state’s Comprehensive Housing Affordability Study (CHAS) or in the CHAS for that community, and have historically faced barriers in finding housing.(2)
Among relatively equivalent applications for grant awards or loan guarantees for farmworker housing, the Department shall give preference to projects which are not under the control of employers. “Control” in this section means the ownership, management, or maintenance of the housing projects. “Employers” in this section includes relatives, agents, or associations of employers.(3)
In evaluating housing projects that serve a predominantly non-English speaking population, the Department shall give subordinate preference to projects which mitigate the language barrier impact in the provision of supportive services.(4)
A grant to a project shall be conditioned upon the continued use of the project for the targeted tenant group and provision of supportive services for the duration and to the extent indicated in the grant application. The Department, at its dicretion, may require repayment of the grant if all or part of the commitments to tenant groups, supportive services, or period of use for Low or Very Low Income housing are withdrawn from the project. Grant terms and conditions shall be established in a project use agreement and recorded.(5)
At least 75 percent of the revenue derived from the Account in any calendar year shall be used to produce housing for the Very Low Income persons, and no more than 25 percent of the revenue derived in any calendar year shall be used to produce housing for Low income households.(6)
At least 75 percent of the Account shall be used to guarantee loans made to finance the construction, development, acquisition or rehabilitation of housing for Very Low Income households. No more than 25 percent of the Account shall be used to guarantee loans made to finance the construction, development, acquisition or rehabilitation of housing for Low Income households.
Source:
Rule 813-043-0050 — Criteria for Funding or Guarantee, https://secure.sos.state.or.us/oard/view.action?ruleNumber=813-043-0050.