Oregon Administrative Rules|Section 813-037-0015 - Availability and Source of Affordable Housing Land Acquisition Revolving Loan Program (LAP) Funds

                                                
Current through Register Vol. 60, No. 12, December 1, 2021 
(1) The Affordable Housing Land Acquisition Revolving Loan Program or Land Acquisition Program (LAP) was initially funded by repurposing funds already in the Department's funding stream. Once moved to the LAP, the repurposed funds are to be continuously used for the LAP allowing for eligible organizations to reserve land assets for eligible purposes.
 
(2) Any additional funding may be targeted towards specific needs within the state, provided that all funding sources will be used for eligible purposes and in a manner consistent with the established program criteria.
 
Or. Admin. R. 813-037-0015
OHCS 16-2018, adopt filed 10/24/2018, effective 10/24/2018
Statutory/Other Authority: ORS 456.502
 
Statutes/Other Implemented: ORS 456.502 
This section was updated on 11/26/2018 by overlay.