1. (1) This subsection of division 045 is established to administer the provisions of Article XI-A of the Constitution of the State of Oregon as it applies to ORS Chapter 407. These rules, together with the Processing Manual, shall implement the Post Vietnam Era Veterans’ Home Improvement Loan Program.

2. (2) The program's objective is to provide funds to finance qualified improvements of owner occupied, residential housing for qualified veterans in the State of Oregon. No improvement will be financed that is inconsistent with the provisions of ORS Chapter 407, applicable federal tax laws, ODVA's Processing Manual and any subsequent changes as they are effected. Copies of the Processing Manual are on file with the Oregon Department of Veterans' Affairs, 700 Summer Street NE, Salem Oregon, and available to the public during normal business hours.

   [Publications: Publications referenced are available from the agency.]

Statutory/Other Authority

ORS 406.030, 407.115, 407.125 & Art. XI-A OR Const.

Statutes/Other Implemented

ORS 407.115, 407.125 & Art. XI-A OR Const.

History

DVA 10-2001, f. & cert. ef. 12-26-01