Or. Admin. Code § 741-025-0060

Current through Register Vol. 63, No. 11, November 1, 2024

Section 741-025-0060 - Grant Awards and Match

(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.

Or. Admin. Code § 741-025-0060

RD 4-2004, f. & cert. ef. 5-20-04

Stat. Auth.: ORS 184.616, 184.619, 367.066, 367.067 & 823.011

Stats. Implemented: ORS 367.066(2) & 367.067