Or. Admin. Code § 813-120-0020 - Eligible Applicants
Eligible Applicants for HOME funds include:
(1) Units of general local government,
For-Profit and Nonprofit Organizations, and individuals to construct new
housing for Low- and Very Low-Income Families, or to acquire and/or
rehabilitate existing housing for Low- and Very Low-Income Families, or to
sponsor local programs to construct, acquire or rehabilitate housing owned and
occupied by Low- and Very Low-Income Families;
(2) Local Partnership Programs and other
approved agencies to provide Tenant-Based Rental Assistance to qualified Low-
and Very Low-Income Families;
(3)
CHDOs to provide funds for the construction of housing for rental and
Homeownership opportunities by Low- and Very Low-Income Families, or to acquire
and/or rehabilitate existing structures for rental and Homeownership
opportunities by Low- and Very Low-Income Families.
(a) The Department shall set aside 15 percent
of the HOME allocation for housing developed, owned or sponsored by
CHDOs.
(b) The CHDO set-aside may
also include Project-specific predevelopment and technical assistance
loans.
Notes
Stat. Auth.: ORS 456.620
Stats. Implemented: ORS 456.559(1)(f)
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