Or. Admin. Code § 813-055-0075 - Distribution and Expenditure of Funds
(1) The department
may distribute GHAP funds pursuant to relevant solicitation documents
including, but not limited to the Oregon Centralized Application (ORCA), or
otherwise under this division, and pursuant to relevant funding
documents.
(2) Distribution of GHAP
funds, whether for multifamily affordable housing development or affordable
housing capacity building is subject to a general formula developed by the
department that provides for an equitable distribution of resources statewide
over time based on objective measures of need, including, but not limited to:
(a) The number and percentage of low and very
low-income households in an area;
(b) The estimated need for affordable housing
as determined by the department and the Housing Stability Council;
and
(c) The need of GHAP Capacity
Building-eligible entity to build its capacity to develop and operate housing
serving low- and very- low-income populations.
Notes
Statutory/Other Authority: ORS 456.555 & ORS 458.665
Statutes/Other Implemented: ORS 458.665, ORS 456.559, ORS 456.620, ORS 456.625 & ORS 458.650
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