- (1) The Department will follow the allocation strategies as outlined in the Consolidated Plan or its successor the program information described in OAR 813-120-0060 which may distribute funds based on a formula that takes onto account the relative housing needs of regions or other factors, distribute funds on a statewide basis, or may consider some other means of distribution.
- (2) As opportunities arise, the Department may use HOME funds for the demonstration and development of new activities.
- (3) The Department shall use its best efforts to make commitments for Projects under the State's HOME allocation for a fiscal year within two years after the month in which that allocation is approved by HUD. All HOME funds committed to a Project under the State's HOME allocation for a fiscal year shall be expended within five years after the month in which the HOME allocation for that fiscal year is approved by HUD.
(4) A Recipient shall begin expenditure of its HOME funds within six months of the date the HOME Agreement between the Recipient and the Department is executed. The Department may, in its sole discretion, permit extension(s) upon submission by the Recipient of documentation acceptable to the Department.
[Publications: Publications referenced are available from the agency.]
Statutory/Other Authority
ORS 456.620
Statutes/Other Implemented
ORS 456.559(1)(f)
History
Reverted to Renumbered from 813-120-0070 by OHCS 6-2013, f. & cert. ef. 6-21-13
OHCS 11-2013(Temp), f. & cert. ef. 6-21-13 thru 12-18-13
Renumbered from 813-120-0070 by OHCS 6-2013, f. & cert. ef. 6-21-13
OHCS 1-2008, f. & cert. ef. 1-28-08
HSG 1-1997, f. & cert. ef. 4-15-97
HSG 3-1995, f. & cert. ef. 9-25-95
HSG 8-1994, f. & cert. ef. 9-9-94
HSG 3-1993, f. & cert. ef. 8-18-93
HSG 1-1993(Temp), f. & cert. ef. 2-19-93
HSG 10-1992, f. & cert. ef. 11-20-92
HSG 6-1992(Temp), f. & cert. ef. 6-15-92