OAR 695-048-0120: First Grant Solicitation Cycle

For applications submitted during the first grant solicitation cycle of the Drinking Water Source Protection Grant Program, Matching Contributions (OAR 695-048-0080), Use of Grant Funds (OAR 695-048-0100), and Evaluation Criteria (OAR 695-048-01 1 0) are modified in the following respects (collectively, the “First Cycle Modifications”): (1) Loan repayment and associated eligible costs are eligible activities that can be funded by General Funds for transactions that have closed no more than 60 months before the applicable Drinking Water Source Protection Grant application deadline. (2) Eligible match for Projects described in OAR 695-048-0100(1) ( a)-( c) can date back to 60 months before the applicable Drinking Water Source Protection Grant application deadline for projects funded by General Funds . (3) A third-party demonstration of market value of the Protective Instrument is not required for loan repayments . (4) OWEB retains discretion to not apply some evaluation criteria in OAR 695-048-01 1 0 to applications submitted for loan repayment during the first grant solicitation cycle. (5) The First Cycle Modifications do not apply to any grant cycle other than the program’s initial grant cycle.