Or. Admin. Code § 141-060-0040 - Review of Applications
(1) Within
30 days after the deadline for loan applications, the Division shall evaluate
each application under the following criteria:
(a) Compliance with application requirements
and annual priorities or preferred uses approved by the Board;
(b) Need for the project and solution
effectiveness;
(c) Number of
project beneficiaries; and
(d)
Applicant's financial need.
(2) Results of the analysis shall be
forwarded with recommendations for loan approvals to the Board at the next
regularly scheduled meeting immediately following the evaluation.
Notes
Stat. Auth.: ORS 566
Stats. Implemented: ORS 566.310 - ORS 566.360
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.