OAR 813-110-0005
Purpose

OAR chapter 813, division 110, is promulgated to carry out the provisions of ORS 317.097 (Lending institution loans for housing) under which the department certifies affordable multifamily rental housing development projects sponsored by government entities, nonprofit corporations and certain persons (“sponsoring entities” or “sponsors”) so as to enable a lending institution to claim Oregon affordable housing tax credits (“OAHTC” or “tax credits”) against Oregon taxes with respect to loans for the construction or acquisition, and rehabilitation of such projects. The purpose of the tax credits is to encourage the creation or preservation of safe, sanitary and affordable housing for lower-income Oregonians. Additional policies and instructions are outlined in the Oregon Affordable Housing Tax Credits (OAHTC) Manual dated June 2, 2014 (the “OAHTC Manual” or “Manual”), incorporated herein by reference. The manual may be accessed online at the department’s website.

Source: Rule 813-110-0005 — Purpose, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=813-110-0005.

Last Updated

Jun. 8, 2021

Rule 813-110-0005’s source at or​.us