Or. Admin. Code § 813-012-0050
All projects will be required to comply with the applicable restrictions of Section 103 and Sections 141 to 149 of the Code. The Department expects to provide financing for Projects under the Rental Housing Program by issuing Bonds, the interest on which is excludable from gross income under the Code. The exclusion is available under Section 103 of the Code, and is detailed in Sections 141 through 149 of the Code. These Code provisions impose substantial restrictions on the Projects which receive financing, the amount of financing, and the residents who occupy the Projects. The restrictions may vary depending on the type of entity which owns and operates the Project; projects owned or operated by private, for-profit entities are subject to the greatest restrictions, as detailed in Section 142(d) of the Code and the applicable regulations.
Or. Admin. Code § 813-012-0050
Publications: Publications referenced are available from the agency.
Stat. Auth.: ORS 90.800 - 90.840, 91.886, 456.515 - 456.723 & 458.210 - 458.650
Stats. Implemented: ORS 456.625