OAR 813-055-0020
Distribution of GHAP Funds; Eligibility
(1)
The department may distribute GHAP program funds consistent with OAR chapter 813 pursuant to relevant solicitation documents including, but not limited to a Notice of Funding Availability (“NOFA”) or as otherwise determined by the department. Funding may take the form of a grant, loan or otherwise as the department determines necessary or appropriate, for either or both of the following purposes:(a)
For financing assistance with respect to the construction, acquisition, rehabilitation or operation of affordable multifamily rental housing developments for low income households or very low income households.(b)
For expanding or building affordable housing development capacity, by enhancing the capacity of non-profit entities and housing authorities to develop affordable housing.(2)
Subject to the limitations of any specific solicitation or distribution, any of the following persons or entities may apply for GHAP assistance with respect to the financing of affordable multifamily rental housing developments:(a)
A nonprofit corporation established under ORS chapter 65;(b)
A housing authority established under ORS 456.055 (Definitions for ORS 456.055 to 456.235) to 456.235 (Dissolution of housing authorities);(c)
A local government as defined in ORS 197.015 (Definitions for ORS chapters 195, 196, 197 and ORS 197A.300 to 197A.325);(d)
A manufactured dwelling park cooperative as established under ORS 62.800 (Short title) to 62.815 (Prohibited actions);(e)
A for-profit entity;(f)
A Native-American tribe; or(g)
An individual.(3)
Subject to the limitations of any specific solicitation or distribution, any person or entity including, but not limited to those identified in subsection (2) is eligible to apply for GHAP assistance to enhance the capacity of non-profit entities and housing authorities to develop affordable housing.
Source:
Rule 813-055-0020 — Distribution of GHAP Funds; Eligibility, https://secure.sos.state.or.us/oard/view.action?ruleNumber=813-055-0020.