OHCS will rely on representations of the applicant, including all agents and parties of interest, in reviewing applications and evaluating the amount of LIHTCs needed and whether a proposed project qualifies for a LIHTC allocation. In so doing, OHCS does not validate the financial feasibility of a proposed or established project, credit worthiness of the applicant, or tax consequences of the LIHTC allocation for the project, the applicant, or any other interested party.

Statutory/Other Authority

ORS 456.515 - 456.720

Statutes/Other Implemented

ORS 456.559(1)(f) & 26 U.S.C. § 42

History

OHCS 3-2020, amend filed 02/27/2020, effective 02/27/2020
Reverted to HSG 7-1991, f. & cert. ef. 12-19-91
Suspended by OHCS 10-2013(Temp), f. & cert. ef. 6-21-13 thru 12-18-13
HSG 7-1991, f. & cert. ef. 12-19-91
HSG 2-1991(Temp), f. & cert. ef. 8-7-91
HSG 14-1990, f. & cert. ef. 10-26-90
HSG 12-1990(Temp), f. & cert. ef. 5-29-90