Oregon Bulletin
Rule
Caption: Amends the Application Process
and Review Requirements for Participation in Program.
Adm.
Order No.: OHCS 10-2011(Temp)
Filed with Sec. of
State: 10-17-2011
Certified to be
Effective: 10-17-11 thru 4-12-12
Notice Publication
Date:
Rules Amended: 813-140-0096
Subject: 813-140-0096 Clarifies and amends the application
process and requirements for projects receiving funding from the Community
Development Incentive Project Fund.
Rules Coordinator: Sandy McDonnell—(503) 986-2012
813-140-0096
Application Process for Funding
from Housing Preservation Community Incentive Fund
(1) All housing projects financed by OHCS with HUD
Section 8 rental assistance contracts that have been renewed or will be renewed
are eligible to apply for funding from the Community Development Incentive
Project Fund.
(2) An applicant for funding from the fund shall submit
an application for funding to the Department on the form provided by the
Department.
(3) If the Department determines that funding is needed
for financing developments because other state or private financing sources are
inadequate or unavailable, unless the Department determines that financing is
needed for the purpose of preserving affordable housing, the Department shall
submit a funding application under section (2) of this rule to the Community
Development Incentive Advisory Board for its review and recommendation.
(4) An application for funding that
has been reviewed by the board under section (3) of this rule is subject
to the Department’s approval or disapproval after the Director has reviewed the
Board’s recommendation. The Department’s determination under this section is
subject to its evaluation of the application on the basis of applicable
statutory criteria.
Stat. Auth.: ORS 458.705 - 458.740
Stats. Implemented: ORS 458.705 -
458.740
Hist.: OHCS 6-2008, f. & cert.
ef. 6-23-08; OHCS 2-2010, f. & cert. ef. 1-7-10; OHCS 10-2011(Temp), f. & cert. ef. 10-17-11 thru
4-12-12
Notes
1.) This online version of the OREGON BULLETIN is provided for convenience of reference and enhanced access. The official, record copy of this publication is contained in the original Administrative Orders and Rulemaking Notices filed with the Secretary of State, Archives Division. Discrepancies, if any, are satisfied in favor of the original versions. Use the OAR Revision Cumulative Index found in the Oregon Bulletin to access a numerical list of rulemaking actions after November 15, 2010.
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