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The Oregon Administrative Rules contain OARs filed through June 15, 2015
 
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HOUSING AND COMMUNITY SERVICES DEPARTMENT

 

DIVISION 44

HOME OWNERSHIP ASSISTANCE PROGRAM OF THE OREGON HOUSING FUND

813-044-0000

Purpose and Objectives

The rules of OAR chapter 813 Division 44 establish the Home Ownership Assistance Program in order to implement the purposes of the Home Ownership Assistance Account of the Oregon Housing Fund described in ORS 458.655.

Stat. Auth.: ORS 456.555
Stats. Implemented: ORS 458.620, 458.625 & 458.655
Hist.: HSG 2-1996, f. & cert. ef. 4-15-96; OHCS 4-2009, f. & cert. ef. 12-22-09; OHCS 9-2011(Temp), f. & cert. ef. 9-30-11 thru 3-27-12; OHCS 2-2012, f. & cert. ef. 3-27-12

813-044-0030

Distribution of Funds

The amount of a maximum program award to an organization under the Home Ownership Assistance Account is subject to determination by the State Housing Council.

Stat. Auth.: ORS 456.555 & 458.600 - 458.655
Stats. Implemented: ORS 458.620, 458.625 & 458.655
Hist.: HSG 2-1996, f. & cert. ef. 4-15-96; OHCS 4-2009, f. & cert. ef. 12-22-09; OHCS 9-2011(Temp), f. & cert. ef. 9-30-11 thru 3-27-12; OHCS 2-2012, f. & cert. ef. 3-27-12

813-044-0040

Application Procedure and Requirements

(1) An organization may apply for a grant from the Home Ownership Assistance Account under ORS 458.655 if the organization:

(a) Is a nonprofit corporation established under ORS Chapter 65, a housing authority established under 456.055 to 456.235 or a local government as defined in 197.015 and sponsors and manages low income homeownership programs as required in 458.655; or

(b) Is an organization affiliated with the Oregon Department of Veterans’ Affairs (ODVA) and authorized by ODVA to provide down-payment assistance funding or other funding to veterans consistent with the following section 0045. For the purposes of this section, the term “veterans” has the meaning provided in ORS 408.225.

(2) An organization applies for a grant under this rule by submitting to the Department all of the following:

(a) An application, on a form established by the Department;

(b) A nonrefundable application charge established by the Department; and

(c) All project information required by the Department, including, but not limited to:

(A) A written description of the purposes for which the grant will be used, including but not limited to the proposed services to prospective homeowners, criteria for selecting prospective homeowners and any other pertinent information ;

(B) A description of the housing type and target home owners to be housed, the manner in which the project may expand the percentage of home ownership for Oregonians and how the project will provide home ownership opportunities for low or very low income households, persons with disabilities, minorities and farm workers;

(C) A proforma of project expenses, financing and, if applicable, income;

(D) The grant amount requested and total project development costs, including a description of all additional project funding and funding sources;

(E) A description of the experience of the sponsor or manager in developing, managing and operating home ownership programs;

(F) A description of the organization’s program management responsibilities; and

(G) Any other documentation required by the Department

(3) An organization that requests additional resources on a project funded by the Home Ownership Assistance Account shall pay all supplemental application charges imposed by the Department for the resources.

Stat. Auth.: ORS 456.555
Stats. Implemented: ORS 458.620 & 458.655
Hist.: HSG 2-1996, f. & cert. ef. 4-15-96; OHCS 4-2009, f. & cert. ef. 12-22-09; OHCS 9-2011(Temp), f. & cert. ef. 9-30-11 thru 3-27-12; OHCS 2-2012, f. & cert. ef. 3-27-12; OHCS 2-2015(Temp), f. & cert. ef. 3-11-15 thru 9-5-15

813-044-0045

Purposes for Funding

Funds within the Home Ownership Assistance Program may be used for the following purposes: down-payment assistance, regional housing centers, metro housing centers, innovation funding and training and other uses suitable to the department to mitigate the lack of home ownership.

Stat. Auth.: ORS 456.555
Stats. Implemented: ORS 458.620 & 458.655
Hist.: OHCS 2-2015(Temp), f. & cert. ef. 3-11-15 thru 9-5-15

813-044-0050

Criteria for Funding

(1) Grants by the Department under the Home Ownership Assistance Program are subject to the availability of funds in the Home Ownership Assistance Account and to limits established by law. The process by which the Department makes grants may include but is not limited to consideration of individual proposals and the use of a competitive review process.

(2) In addition to the criteria in ORS 458.655 for preference in making grants, a grant application is subject to subordinate criteria established by the Department and included in a competitive proposal solicitation.

(3) When an organization provides assistance under the Home Ownership Assistance Program for down payments, including closing costs, the organization shall do the following:

(a) Provide education and training in home ownership to recipients of the assistance from a source approved by the Department; and

(b) Require each recipient to take the education and training as a condition of eligibility to receive assistance funds.

Stat. Auth.: ORS 456.555
Stats. Implemented: ORS 458.620, 458.625 & 458.655
Hist.: HSG 2-1996, f. & cert. ef. 4-15-96; OHCS 4-2009, f. & cert. ef. 12-22-09; OHCS 9-2011(Temp), f. & cert. ef. 9-30-11 thru 3-27-12; OHCS 2-2012, f. & cert. ef. 3-27-12

813-044-0055

Use of Grant Funds

An organization that receives a grant under the Home Ownership Assistance Program:

(1) Is subject to the condition that the organization continue to use the grant for the targeted ownership group for the duration and to the extent authorized by the grant application.

(2) May provide in its agreements with homeowners that when a homeowner sells the home for which the organization’s assistance was furnished, the organization may recapture some or all of the assistance from proceeds of the sale;

(3) May use funds recaptured under section (2) of this rule to furnish further assistance under the program; and

(4) May be required by the Department to repay all or part of the grant if the organization withdraws from the project all or part of the commitments to home owner groups or the period of use for low or very low income housing from the project.

Stat. Auth.: ORS 456.555
Stats. Implemented: ORS 458.620 & 458.655
Hist.: OHCS 9-2011(Temp), f. & cert. ef. 9-30-11 thru 3-27-12; OHCS 2-2012, f. & cert. ef. 3-27-12

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