A lending institution claiming OAHTC program tax credits under ORS 317.097 is subject to monitoring by OHCS. A lending institution shall submit to the OHCS by May 31 of each year a report satisfactory to OHCS in which the lending institution affirms that the lending institution has met all requirements imposed by law to qualify for the OAHTC program tax credits. The report must be submitted on a form furnished by OHCS and signed by an officer of the lending institution, and:

1. (1) Shall not include any representation as to the performance by the sponsoring entity; and

2. (2) Shall include, at a minimum:

   1. (a) The name and address of the lending institution,
   2. (b) The name and contact information of a contact person,
   3. (c) The number of loans for which OAHTC program tax credits will be claimed,
   4. (d) The amount of credit claimed,
   5. (e) The annual charge payment,
   6. (f) The dates the loans were closed,
   7. (g) The name and location of the projects financed by those loans,
   8. (h) The amount loaned for each project,
   9. (i) The outstanding balances of all loans, and,
   10. (j) The average annual balance for each loan.

Statutory/Other Authority

ORS 317.097 & ORS 456.515-456.725

Statutes/Other Implemented

ORS 317.097

History

OHCS 8-2026, amend filed 04/03/2026, effective 04/05/2026
OHCS 45-2025, temporary amend filed 10/09/2025, effective 10/09/2025 through 04/06/2026
OHCS 27-2024, amend filed 08/27/2024, effective 09/02/2024
OHCS 20-2024, temporary amend filed 05/31/2024, effective 05/31/2024 through 11/26/2024
OHCS 21-2022, amend filed 08/30/2022, effective 09/09/2022
OHCS 36-2014, f. & cert. ef. 12-2-14
OHCS 22-2013, f. & cert. ef. 12-18-13
OHCS 9-2013(Temp), f. & cert. ef. 6-21-13 thru 12-18-13
OHCS 5-2008, f. & cert. ef. 4-11-08
OHCS 14-2007(Temp), f. & cert. ef. 10-16-07 thru 4-12-08
OHCS 9-2007, f. & cert. ef. 1-11-07
OHCS 11-2006(Temp), f. & cert. ef. 8-4-06 thru 1-30-07
OHCS 7-2006, f. & cert. ef. 5-17-06
HSG 2-1995, f. & cert. ef. 9-25-95
HSG 7-1994, f. & cert. ef. 9-9-94
HSG 3-1992, f. & cert. ef. 2-4-92
HSG 6-1991(Temp), f. & cert. ef. 11-5-91
HSG 2-1991(Temp), f. & cert. ef. 8-7-91
HSG 9-1990, f. & cert. ef. 5-11-90
HSG 3-1990(Temp), f. & cert. ef. 3-1-90
HSG 1-1990(Temp), f. & cert. ef. 1-5-90