Or. Admin. Code § 813-405-0015 - Availability and Source
(1) CLG funds were
authorized through House Bill 3395 of the Oregon Legislative Session in 2023. A
program framework was then provided and approved by the Oregon Housing
Stability Council.
(2) CLG funds,
must be granted to a third-party administrator that is a CDFI for the purpose
of fund management and administration of the program.
(3) The CLG fund administrator is responsible
for the following:
(a) Outreach
(b) Technical assistance
(c) Fund management
(d) Pipeline monitoring, tracking and
management
(e) Program
design
(f) Fund
deployment
(g) Impact
analysis
(h) Compliance
monitoring
(i) Reporting
Notes
Statutory/Other Authority: HB 3395 (2023)
Statutes/Other Implemented: HB 3395 (2023) & ORS 456.270 - 456.295
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