OAR 813-140-0000
Purpose and Objectives


OAR 813, division 140, is promulgated to accomplish the purpose of ORS 458.705 (Legislative findings) through 458.740 (Project facilitation), specifically 458.720 (Community Development Incentive Project Fund) through 458.740 (Project facilitation), which implement the Community Development Incentive Project Fund. The Community Development Incentive Project Fund holds the proceeds of lottery bonds issued to make grants or loans to Oregon municipalities, businesses and individuals; provides credit enhancements to commercial banks and private lenders in order to encourage real estate development that promotes downtown and community center areas; provides affordable housing and other infill developments; or funds projects that promote business opportunities in Oregon’s distressed areas and rural communities.

Source: Rule 813-140-0000 — Purpose and Objectives, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=813-140-0000.

Last Updated

Jun. 8, 2021

Rule 813-140-0000’s source at or​.us