OAR 123-053-0071: Application Requirements

(1) An application for a Program Award must be submitted to the Authority in the form provided by the Authority and must contain or be accompanied by such information and documentation as the Authority requires in its solicitation for applications, generally called a request for applications (“RFA”). (2) A Program application must be submitted by an Eligible Applicant. (3) Notwithstanding (2) of this rule, a housing authority as defined in ORS 456.005 or a Housing Developer (each respectively referred to as “Partner”) may apply with an Eligible Applicant. The Authority will make Award disbursements only to a successful Eligible Applicant (i.e. Award recipient) and not a Partner. However, a successful Eligible Applicant with a Partner may enter into a sub-agreement with a Partner to complete the Project and the Partner may receive Award funding from the Eligible Applicant for the Project. In addition, a Partner may be required to sign the binding contract described in OAR 123-053-0080, along with the Award recipient depending on the financing details of the Project. The contract will provide terms providing for the Partner’s obligations with respect to the Project, including financial obligations. (4) The Authority may require a copy of any sub-agreement between a successful Eligible Applicant and a Partner that enumerates the Partners’ responsibilities, including financial responsibilities, appropriate allocations of moneys and responsibility for loan repayment or grant performance. (5) The Authority may assist applicants in understanding Program requirements and in completing applications. The Authority will process only completed applications.