OAR 813-405-0015: Availability and Source

(1) CLG funds were authorized through House Bill 3395 of the Oregon Legislative Session in 2023. A program framework was then provided and approved by the Oregon Housing Stability Council. (2) CLG funds, must be granted to a third-party administrator that is a CDFI for the purpose of fund management and administration of the program. (3) The CLG fund administrator is responsible for the following: (a) Outreach (b) Technical assistance (c) Fund management (d) Pipeline monitoring, tracking and management (e) Program design (f) Fund deployment (g) Impact analysis (h) Compliance monitoring (i) Reporting