Emergency Project Eligibility, Criteria and Funding

(1) An emergency project, as defined in ORS 285B.410(5), which meets the following criteria is eligible for assistance from the fund: (a) The project must result from an emergency as defined in ORS 401.025; and (b) The project must have federal disaster relief assistance funds committed; (2) The following apply to both grants and loans for emergency projects: (a) The maximum award amount for an emergency project cannot exceed the required local match for the federal disaster relief assistance committed to the project; (b) A grant for an emergency project cannot exceed $500,000 per project, or the amount of the federally required local match, whichever is less; and (c) A loan for an emergency project must meet the criteria set forth in OAR 123-042-0026. (3) For the purposes of awards made under this OAR 123-042-0055, allowable project costs are those eligible for federal assistance, unless those costs are precluded by a restriction in state law or the Code of Federal Regulations. (4) In the event of an emergency, the Authority may adopt a policy, after consultation with stakeholders and others, to guide implementation decisions regarding such matters as grant amounts and priorities. Statutory/Other Authority: ORS 285B.419 & 285A.075 Statutes/Other Implemented: ORS 285B.410 - 285B.482 History: OBDD 8-2021, amend filed 12/17/2021, effective 12/17/2021 OBDD 4-2016, f. & cert. ef. 2-29-16 OBDD 9-2015(Temp), f. & cert. ef. 10-1-15 thru 3-27-16 OBDD 41-2010, f. 11-30-10, cert. ef. 12-1-10 EDD 10-2006, f. & cert. ef. 11-1-06