OAR 741-025-0060: Grant Awards and Match
Edition: Current OARD snapshotEffective: 2004-05-20Last verified: 2026-09-07
(1) Grants shall cover 100% of any Credit Risk Premiums set forth in the granting of a federal RRIF loan. (2) No one Project shall receive more than 30% of the funds available to the Program outside of projects for RRIF financing. (3) Any railroad and/or shipper contributions can be cash, or a combination of cash and in-kind services. (4) Grants and loans will be awarded only when there are sufficient funds available to cover the costs of the loans and grants.
Official history and status
Statutory/Other Authority: ORS 184.616, 184.619, 367.066, 367.067 & 823.011
Statutes/Other Implemented: ORS 367.066(2) & 367.067
History: RD 4-2004, f. & cert. ef. 5-20-04
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Official source: https://secure.sos.state.or.us/oard/