Oregon Administrative Rules|Section 813-035-0005 - Purpose and Objectives

                                                
Current through Register Vol. 60, No. 12, December 1, 2021 
The rules of OAR chapter 813, division 035, are established to administer and enforce ORS 456.515 through 456.720, and specifically 456.615 through 456.720. These rules implement the Pass-Through Revenue Bond Financing Program, which has an objective of providing funds to finance the construction, rehabilitation and acquisition of multi-unit housing in the State of Oregon for persons and families of lower income, while providing sufficient safeguards to protect the financial interest of the state. Other objectives of the Program include providing for additional flexibility in the Department's overall financial loan structuring, and providing an efficient process for simplifying underwriting, approval and Project monitoring so as to accommodate pass-through revenue bond financing.
 
Or. Admin. R. 813-035-0005
OHCS 1-2000(Temp), f. 6-8-00, cert. ef. 6-8-00 thru 12-4-00; OHCS 3-2000, f. & cert. ef. 9-15-00; OHCS 1-2007, f. & cert. ef. 1-11-07
Stat. Auth.: ORS 90.800 - 90.840, 91.886, 183, 456.515 - 456.723 & 458.210 - 458.650
 
Stats. Implemented: ORS 456.555 & 456.625