Or. Admin. Code § 123-130-0060 - Application Considerations and Processing
(1) The Department
shall process completed Fund applications only. Applications will be considered
complete when all relevant requirements of this Division are met.
(2) The Department can waive application
requirements to make an application completion determination if such a waiver
would serve to further the goals and objectives of the Fund and would not
violate any statutory requirements.
(3) Sites or projects that have undertaken
previous environmental actions, or that are subject to voluntary agreements,
Consent Judgments, or other orders with a governmental agency, shall be
eligible for consideration for loan Funds.
(4) The Department may request additional
information about the project that is not listed in this Division if necessary
to facilitate application processing.
(5) When evaluating an application, the
Department shall consider the following:
(a)
The extent to which real or perceived contamination complicates expansion or
redevelopment of the site.
(b) The
degree to which redevelopment of the site provides opportunity for achieving
protection of human health or the environment by mitigating, reducing or
eliminating contamination at the site or for contributing to the economic
health and diversity of the area.
(c) The probability of the success of the
intended use, or the degree to which redevelopment of the site advances the
policy objectives in this Division.
(6) Department approval of an application may
contain conditions which will become part of the financing contract.
(7) The Department will conduct a financial
review on complete applications in accordance with prudent lending practices,
including ability to service debt in the event of a forgivable condition
default that would require a forgivable loan to be repaid. The Department may
require that conditions of a loan award include collateral or other security
such as requiring a co-signer or guarantor or other conditions to mitigate
credit deficiencies.
(8) An
Applicant may apply for a forgivable loan enhancement for public electric
vehicle charging stations in accordance with ORS 285A.194(3)(a).
(a) The application must demonstrate that:
(A) The project will result in new publicly
accessible charging stations for electric vehicles placed into operation
immediately after completion.
(B)
The brownfield is in a city, county, or census tract as determined by the
Department and identified as having a need for additional charging stations in
the Transportation Electrification Infrastructure Needs Analysis (TEINA)
conducted by the Oregon Department of Transportation.
(b) For purposes of loan forgiveness, The
Department will accept for forgiveness documentation that the new charging
station has been reported to the U.S. Department of Energy for inclusion in the
Alternative Fuels Data Center.
(9) The Applicant may apply for a forgivable
loan enhancement for affordable housing in accordance with ORS 285A.194(3)(b).
(a) The applicant must show the following:
(A) The project will result in new affordable
housing units.
(B) The number of
new affordable housing units resulting from the project totals 4 or 20% of all
dwelling units constructed, whichever is greater.
(b) For purposes of loan forgiveness, The
Department will accept for forgiveness documentation that the site owner has
recorded an enforceable deed restriction in favor of the local jurisdiction
limiting use to ensure affordable housing units remain in use for at least 30
consecutive years after completion.
(10) The applicant may apply for a forgivable
loan enhancement in rural, distressed, or high poverty areas in accordance with
ORS 285A.194(3)(c). The applicant must show one of the following:
(a) The project is in a census tract with 20%
or more residents below the federal poverty line as determined under 42 U.S.C.
9902, in effect on December 31, 2020, or as amended from time to time;
or
(b) The brownfield is located in
a rural area; or
(c) The brownfield
is located in a distressed area.
(11) An applicant may apply for a forgivable
loan enhancement for natural areas or public parks in accordance with ORS
285A.194(3)(d). The applicant must show that the project will result in at
least 50% of the brownfield being permanently dedicated for use as a natural
area; or public park. The Department will accept for forgiveness documentation
that the site owner has recorded an enforceable deed restriction in favor of
the state or local jurisdiction limiting use to ensure the natural area or
public park remains in use in perpetuity.
(12) The applicant may apply for a forgivable
loan enhancement for unmet health care needs in accordance with ORS
285A.194(3)(e). The applicant must show that:
(a) The project will result in a hospital or
community health care facilities; and
(b) The brownfield is located in an area
designated as having unmet health care need as documented in the most recent
unmet need designation report by the Office of Rural Health.
(13) The applicant may apply for a
forgivable loan enhancement for wildfire in accordance with ORS 285A.194(3)(f).
The applicant must show that the brownfield became a brownfield as a direct
result of wildfire.
(14) The
Department may request additional information from the applicant to facilitate
a funding decision
Notes
Statutory/Other Authority: ORS 285A.075 & ORS 285A.193 - 285A.198
Statutes/Other Implemented: ORS 285A.193 - 285A.198 & 42 U.S.C. 9902
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