OAR 813-070-0005
Purpose and Objectives

The rules of OAR 813, division 70 are established to administer and enforce ORS 456.515 (Definitions for ORS 456.515 to 456.725 and ORS chapter 458) through 456.720 (Housing Finance Fund), specifically 456.690 (Loan authority of department). These rules, together with the Program’s Procedural Guide, shall implement the Home Improvement Loan Program. The Program’s objective is to provide funds to finance the rehabilitation or improvement of residential housing, thereby providing adequate, safe and sanitary residential housing for occupancy by moderate and lower-income persons in Oregon. Through the Home Improvement Loan Program, the agency increases the availability of funds for such housing by making commitments to financial institutions to purchase, and by purchasing pursuant to such commitments, loans which meet the standards set forth in these rules and the Program’s Procedural Guide.
[Publications: Publications referenced are available from the agency.]

Source: Rule 813-070-0005 — Purpose and Objectives, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=813-070-0005.

Last Updated

Jun. 8, 2021

Rule 813-070-0005’s source at or​.us