Or. Admin. Code § 813-120-0045 - Eligible Activities
(1) The
Department may provide funds for the following categories of activities. The
Department may restrict the availability of Program funds for each such
category at the time it solicits applications.
(2) Homeowner Rehabilitation: For
rehabilitation of single-family housing that is the principal residence of a
homeowner whose Family is a Low-Income or Very Low-Income Family at the time of
commitment of HOME funds. Homeowner rehabilitation programs shall be
administered by a State Recipient or a Subrecipient.
(3) Homebuyer Assistance: For acquisition,
rehabilitation and/or construction of housing to be owned and occupied by Low-
or Very Low-Income Families.
(4)
Rental Rehabilitation: For acquisition and/or rehabilitation of existing
structures for rental housing affordable to Low- and Very Low-Income Families.
The initial and long-term affordability requirements outlined in OAR
813-120-0050 shall apply to
rental housing assisted with HOME funds. Rental rehabilitation projects may be
sponsored by a State Recipient, Nonprofit Organization, For-Profit
Organization, individual or CHDO.
(5) New Construction: For the construction of
new rental housing or the acquisition of rental housing which is acquired
within one year of the date of the certificate of initial occupancy. New
construction Projects may be sponsored by a State Recipient, Nonprofit
Organization, For-Profit Organization, individual or CHDO.
(6) Acquisition of vacant land or demolition
is an eligible activity only when proposed as a portion of a particular Project
intended to provide affordable housing. New Construction of housing is an
eligible activity only when the initial certificate of occupancy was issued mor
more than one year prior to the Commitment of Program Funds, and is otherwise
approved by the Department. Building conversion is considered new construction
if one or more untis are being added beyond the existing walls of the
structure.
(7) Tenant-Based Rental
Assistance: For rental assistance to Low- and Very Low-Income Families.
(8) CHDO Predevelopment and
Technical Assistance: Loans for project-specific predevelopment or technical
assistance and site control activities performed by CHDOs may be authorized for
up to 10 percent of the Program's allocation set-aside for CHDOs, as described
in 24 C.F.R. Sec.
92.208, 92.300(e) and (f).
Notes
Publications: Publications referenced are available from the agency.
Stat. Auth.: ORS 456.620
Stats. Implemented: ORS 456.559(1)(f)
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