- (1) Grant awards shall not exceed 75% of the total Project costs. Loans may be for the full amount of the project. In no case, shall any one project receive more than 50% of the funds available to the Program.
- (2) Any required local share of a project grant can be cash, or a combination of cash and in-kind services.
- (3) Grants and loans will be awarded only when there are sufficient funds available to cover the costs of the loans and grants.
Statutory/Other Authority
ORS 184.616, 184.619 & 823.011
Statutes/Other Implemented
ORS 367.070 & Sec. 10 & Ch. 741 OL 2003
History
RD 3-2004, f. & cert. ef. 5-20-04