Or. Admin. Code § 813-028-0050 - Application Review
(1) An application
is subject to the Department's approval, denial or modification, in whole or in
part, and is also subject to review by the State Housing council as
appropriate.
(2) When a funding
award is in excess of an applicable threshold established by the State Housing
Council and the Council's review and approval are required under ORS
456.561, the Council shall
approve or disapprove the application at a public hearing pursuant to ORS
456.571.
(3) When reviewing an application, in
addition to any specific evaluation criteria, the Department or the Council, as
appropriate, may consider the following matters:
(a) The amount of available funds in the
program;
(b) The ability of the
applicant to meet proposed terms of loan repayment, when funding is awarded as
a loan;
(c) The availability of
other sources of assistance;
(d)
The applicant's efforts to leverage public or private funds; and
(e) Any other criteria that the Department or
Council determines to be appropriate.
(4) The Department or the Council at any time
may request additional information with respect to an application or award at
any time.
(5) Approval or denial of
an application under this rule is subject to the Department's judgment as to
which applications will best achieve the purposes of the program and will best
meet applicable evaluation criteria in the program application forms and
handbooks.
Notes
Stat. Auth.: ORS 456.555
Stats. Implemented: 2009 OL Ch. 906 Sec. 5
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.