Or. Admin. Code § 813-030-0034 - Interim Loans
(1) The Department
may from time to time make available funds for construction, acquisition and/or
rehabilitation, or other financing of Elderly Housing Projects, for a term not
to exceed two years.
(2)
Notwithstanding any other requirements of OAR chapter 813, division 030, the
Department may, as funds are available, solicit applications for the use of
such funds. Applications shall specify in writing any terms and conditions of
the available funds, as well as criteria or priorities the Department shall use
to evaluate and select applications for funding.
(3) The Department shall evaluate
applications received in accordance with program policies and priorities
approved by the State Housing Council, and with applicable requirements of OAR
chapter 813, division 30.
Notes
Stat. Auth.: ORS 90.800 - 90.840, 91.886, 456.515 - 456.723 & 458.210 - 458.650
Stats. Implemented: ORS 456.515 - 456.720
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