OAR 813-110-0026
Reservations, Certifications and Other Commitments Subject to Housing Stability Council Approval

If the department provides a reservation, certification of award or otherwise commits to an award of OAHTC under this division and if the amount of any related tax credits or any other department funding approved by the department that was considered by the department in setting the amount of the tax credits (“complementary funding”) meets or exceeds the threshold amount established in OAR 813-001-0007 (Procedural Rules for Housing Stability Council Review and Determination with Respect to Certain Housing Loan, Grant and Other Funding Award Proposals by the Director)(1) for review by the Housing Stability Council, the reservation, certification or other commitment is subject to review and approval by the council of such tax credit assistance and any such complementary funding. The council may approve, deny, modify or further condition funding assistance subject to its review. Based upon any relevant council determination, including with respect to complementary funding, any subject reservation, certification or other commitment may be deemed revoked, be modified or be further conditioned.

Source: Rule 813-110-0026 — Reservations, Certifications and Other Commitments Subject to Housing Stability Council Approval, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=813-110-0026.

Last Updated

Jun. 8, 2021

Rule 813-110-0026’s source at or​.us