OAR 813-115-0020
Inclusion of Local Government Subsidy Program Properties as Publicly Supported Housing

(1)

A local government may make an application to OHCS requesting that a local subsidy program be included in the definition of publicly supported housing as provided by ORS 456.250 (Definitions for ORS 456.250 to 456.265)(6)(a)(B).
(2) To be eligible for OHCS approval:
(a) The local subsidy program must require a deed restriction, loan agreement, operating agreement, or any other writing agreement that places an affordability restriction on the property; and
(b) The local government subsidy program must otherwise comply with and not be excluded from the definition of publicly supported housing (definition and exclusions are in ORS 456.250 (Definitions for ORS 456.250 to 456.265)(6)(a) and ).
(3) If an application is approved by OHCS, property that is the subject of a contract by which the property becomes public supported housing that is subject to an affordability restriction becomes a participating property (as defined by OAR 813-115-0010 (Definitions)(5)) and is subject to process requirements of this division of rules

Source: Rule 813-115-0020 — Inclusion of Local Government Subsidy Program Properties as Publicly Supported Housing, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=813-115-0020.

Last Updated

Jun. 8, 2021

Rule 813-115-0020’s source at or​.us