Or. Admin. Code § 813-048-0030 - Form of Assistance
(1) The
Department shall confirm to the Applicant in writing the type of assistance, if
any, to be provided from the Housing Revitalization Program. Assistance may be
in the form of, but is not limited to, loans, grants, or contract
agreements.
(2) The Department may
establish fees, premiums, interest rates, repayment terms, performance criteria
and reporting requirements as the Department considers appropriate or necessary
for the type and use of assistance provided. The Department shall specify such
terms and conditions to the Applicant in writing before funds are advanced or
contractual agreements signed.
(3)
The Department may require the Applicant to execute such documents as the
Department considers appropriate or necessary to evidence the type and amount
of assistance provided, and any terms and conditions agreed to in connection
with such assistance.
Notes
Stat. Auth.: ORS 90.800 - ORS 90.840, ORS 91.886, ORS 456.515 - ORS 456.723 & ORS 458.210 - ORS 458.650
Stats. Implemented: ORS 458.305 - ORS 458.310, specifically ORS 458.310(1)(a)(D)
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