OAR 813-042-0070

OAR 813-042-0070. Charges

Last amended: 2007Length: 108 wordsOfficial source
(1) The Department may require a non-refundable application charge from any applicant requesting Housing Development Guarantee Account funds through the Consolidated Funding Cycle, or otherwise. (2) The Department may require a supplemental application charge from applicants requesting additional resources for projects that have already been funded by the Department. (3) The Department may require a transfer application charge from owners of projects that receive grants, loans, or tax credits through the Department, who request the Department’s approval of a change in project ownership. The Department may assess a transfer review charge to project owners and transferees who effect a change in project ownership without prior written Department approval.
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