2017 ORS 458.715¹
Duties of Oregon Housing Stability Council regarding Community Development Incentive Project Fund

(1) The Oregon Housing Stability Council shall, with respect to the Community Development Incentive Project Fund established under ORS 458.720 (Community Development Incentive Project Fund):

(a) Develop program guidelines, including specific project criteria and financing mechanisms.

(b) Review applications seeking funding from the fund and make recommendations for funding approval.

(c) Review proposals for cooperative agreements or joint projects between the council and other agencies to facilitate the goals of the fund.

(2) Subject to available financing, the council may approve any project that carries out the goals of the fund.

(3) Notwithstanding subsections (1) and (2) of this section, the council may make loans or grants from the Community Development Incentive Project Fund for the purpose of preserving affordable housing. [1999 c.956 §7; 2009 c.62 §1; 2015 c.180 §29]

Note: See note under 458.705 (Legislative findings).

1 Legislative Counsel Committee, CHAPTER 458—Housing and Community Services Programs; Individual Development Accounts, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ors458.­html (2017) (last ac­cessed Mar. 30, 2018).
 
2 OregonLaws.org contains the con­tents of Volume 21 of the ORS, inserted along­side the per­tin­ent statutes. See the preface to the ORS An­no­ta­tions for more information.
 
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent.