OAR 813-090-0015
Qualified Allocation Plan; Allocation of Credit Authority

(1)

The amended 2019 Qualified Allocation Plan (referred to hereafter as QAP) with the requirements and standards therein, dated January 20th, 2021, is incorporated into and adopted as part of this division of administrative rules, by reference.
(2) The 2019 QAP may be accessed online at OHCS’ website.
(3) OHCS, as the authorized state housing credit agency, develops and maintains a Qualified Allocation Plan for the allocation of both non-competitive, or 4%, and competitive, or 9%, LIHTCs.
(4) OHCS may, to the extent of its credit authority, allocate LIHTCs pursuant to the current QAP approved by executive order and then in effect.
(5) OHCS will allocate the LIHTCs in compliance with the program requirements. Applications will be solicited during specified periods within OHCS’ Notice of Funding Availability. OHCS can also select from a pool of qualified applicants, or such other process as OHCS deems appropriate.
(6) OHCS shall maintain a record of allocations and the balance of credit authority remaining for each calendar year.

Source: Rule 813-090-0015 — Qualified Allocation Plan; Allocation of Credit Authority, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=813-090-0015.

Last Updated

Jun. 8, 2021

Rule 813-090-0015’s source at or​.us