Or. Admin. Code § 813-052-0020 - Application Procedures

(1) The department may require payment of a non-refundable application charge from any applicant requesting HDIP funds through a formal solicitation or otherwise.

(2) The department may require payment of other charges with respect to its reasonably anticipated costs in processing applications, coordinating programs or with other project participants, providing funding, negotiating documents, monitoring compliance, evaluating and documenting transfers, or otherwise. The department may require payment of a supplemental application charge from applicants requesting additional resources for projects that have already been funded by the department.

(3) The department may refuse to process applications or terminate processing if it determines an application to be incomplete or that it fails to satisfy threshold standards for further processing.

(4) An applicant shall submit to the department, on the application form and in accordance with the application process prescribed by the department, such information as the department may require, including but not limited to:

(a) The name, address and telephone number of applicant;

(b) The type of assistance requested;

(c) A written description of the project, including the number of units, site location, amenities, and any other information requested by the department.

(d) A pro forma of project income and expenses;

(e) The amount of funding requested and total project costs, including a description and documentation of all project funding sources and uses;

(f) A narrative of the applicant's experience in developing affordable housing, including the experience of all members of the project development team;

(g) A description of the applicant's readiness to proceed with project activities;

(h) A schedule for completion of project activities;

(i) A description of planned and/or completed outreach to communities that are under-represented as homeowners within Oregon to ensure they are aware of the new homeownership opportunities created by the project.

(5) The department may restrict the amount and/or type of assistance available in any solicitation or other provision of assistance and restrict the type or number of applicants or recipients eligible for assistance in a particular funding process.

(6) If the Department receives applications in an amount greater than the amount of funds available, the Department shall select those applications which, in the judgment of the Department, best achieve the purposes of the Homeownership Development Incubator Program.

Notes

Or. Admin. Code § 813-052-0020

OHCS 31-2022, temporary adopt filed 12/05/2022, effective 12/12/2022 through 6/9/2023; OHCS 13-2023, amend filed 06/07/2023, effective 6/7/2023

Statutory/Other Authority: ORS 456.555

Statutes/Other Implemented: ORS 456.561