OAR 813-110-0030
Monitoring and Reporting Requirements

A lending institution claiming state tax credits under ORS 317.097 (Lending institution loans for housing) is subject to monitoring by the department. A lending institution shall submit to the department by May 1 of each year a report satisfactory to the department in which the lending institution affirms that the lending institution has met all requirements imposed by law to qualify for the tax credits. The report must be submitted on a form furnished by the department and signed by an officer of the lending institution, and:

(1)

May not include any representation as to the performance by the sponsoring entity; and

(2)

Shall include, at a minimum, the name and address of the institution, the name and phone number of a contact person, the number of loans for which tax credits will be claimed, the amount of credit claimed, the annual charge payment, the dates the loans were closed, the location of the projects financed by those loans, the amount loaned for each project, the outstanding balances of all loans, and the average annual balance for each loan.

Source: Rule 813-110-0030 — Monitoring and Reporting Requirements, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=813-110-0030 (accessed May 26, 2025).

May 26, 2025

Rule 813-110-0030's source at or​.us