OAR 123-090-0040: Director’s Review

(1) Projects shall not be funded by the Fund unless the Director finds that: (a) The Project is or will be supported by the maximum feasible amount of local and private financial participation; (b) The Project will produce significant long-term, regional or statewide economic impacts; (c) The Project will not require continuing state subsidies; (d) The Project does not supplant private investment or duplicate or undermine similar efforts; and, (e) The Project meets, or can be reasonably expected to meet, at least one of the following criteria: (A) The Project uses existing human and natural resources to harness Oregon's economic comparative advantage; (B) The Project promotes economic and community recovery in Rural or Distressed areas, or among populations suffering economic hardship; (C) The Project creates, or leads to the creation or retention of jobs of higher income for Oregonians; (D) The Project promotes the development of new national and international markets for goods and services produced in Oregon; or, (2) If the Project affects land use, it must satisfy the applicable requirements of OAR chapter 123, division 8 of this Department. (3) Funding decisions shall be made by either the Governor or the Director.