OAR 690-090-0016: Eligible Costs

Subject to these rules, a loan may be approved to pay costs relating to the project including: (1) The costs of buying or otherwise acquiring, building, installing, rehabilitating or reconstructing a water development project as defined in OAR 690-090-0010; (2) Costs of obtaining a loan; (3) Design, engineering and license costs; (4) Reserves, interest costs relating to construction or interim financing, staff training, and site costs; and (5) Grant matching funds or other costs of funds needed for the project.