OAR 813-135-0060
Applications for LIFT Funds

Applicants must submit an application form along with any applicable charges as given in Section 813-090-0031 (Application Requests and Charges), to qualify for an allocation of LIFT Housing Program funds. The application required by the Department may request, among other information, the following:

(1)

The amount of LIFT funds requested;

(2)

Building location: state, county, town, street address and legal description;

(3)

An initial statement based on waiting list information from the local public housing authority indicating whether or not there is a need for the proposed project;

(4)

Complete financial information about the proposed Project showing all sources and uses of funds;

(5)

Operating pro forma statement on a cash flow basis showing net operating income before debt service;

(6)

Evidence of a commitment for financing, federal loan insurance, or other major source of funds;

(7)

Other financial information regarding grants, subsidies, or tax-exempt financing for the proposed Project.

Source: Rule 813-135-0060 — Applications for LIFT Funds, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=813-135-0060.

Last Updated

Jun. 8, 2021

Rule 813-135-0060’s source at or​.us