Or. Admin. Code § 603-007-0180 - Application Period and Payment Prioritization
(1) The Department will establish an initial
Application period for Persons to complete and submit an Application.
(2) The Department may administer additional
Application periods.
(3)
Disbursements of forgivable loan assistance for approved Recipients will be
subject to available funds and priorities given to the following:
(a) Those with the highest percentage of
revenue loss;
(b) Those qualifying
as a historically underserved producer; and
(c) Those that had less than $350,000 Gross
Farm Income in the calendar year 2021.
(4) The Department will provide funds to
Lending Institutions for forgivable loan disbursements following the applicable
Application period and based on random lottery-based selection following
prioritization in (3) of this rule subject to available funds.
(5) Notwithstanding the priorities in (3) of
this rule, Recipients in Jefferson County will be prioritized until 14 percent
of available funds are disbursed to Jefferson County Recipients.
Notes
Statutory/Other Authority: OL 2021, Ch. 2, SB 892 (2021) & OL 2021, Ch. 4, SB 5561 (2021)
Statutes/Other Implemented: OL 2021, Ch. 2, SB 892 (2021) & OL 2021, Ch. 4, SB 5561 (2021)
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