Community Success Stories
Port of Cascade Locks Opens New Light-Industrial Park
An $850,000 loan from the Port Revolving Loan Fund helped the Port of Cascade Locks Open the Herman Creek Facility
Rules & Regulations
Grants and technical assistance are available to develop livable urban communities for persons of low and moderate incomes by:
Non-metropolitan cities and counties in rural Oregon can apply for and receive grants. [Oregon tribes, urban cities (Albany, Ashland, Beaverton, Bend, Corvallis, Eugene, Grants Pass, Gresham, Hillsboro, Medford, Portland, Redmond, Salem and Springfield) and counties (Clackamas, Multnomah, Washington) receive funds directly from HUD.]
All projects must meet one of three national objectives:
Funding amounts are based on:
The following are the maximum grants possible for any individual project, by category:
The following outlines the application process for all other project types:
Step 1: Initial contact and project development. The Infrastructure Finance Authority (IFA) must be contacted prior to submitting an application. Contact your regional development officer to develop the project concept.
Step 2: Application invited. If the proposed project meets funding criteria and funds are available, an application will be invited and a form provided that will need to be completed and submitted by the application deadline.
Step 3: Application submitted. Completed, signed forms must be submitted by 5:00 pm on the last day of the application period.
Step 4: Application assignment. Once an application is verified "complete," it is given to a department staff member participating on the Rating, Ranking and Review Team.
Step 5: Application review. All completed applications received during the calendar quarter are rated and ranked. Funding recommendations are then sent to the IFA management team for review:
Step 6: Funding recommendation review. The agency management team reviews the forwarded recommendations and the agency director makes all final award decisions.
Step 7: Notice of decision The IFA notifies applicants of their funding status approximately 30 to 60 days after the application closing date.
|1||January 1–March 31||Applications accepted|
|End of May||Awards announced for first quarter|
|2||April 1–June 30||Applications accepted|
|End of August||Awards announced for second quarter|
|3||July 1–September 30||Applications accepted|
|End of November||Awards announced for third quarter|
|4||October 1–December 31||Applications accepted|
|End of February||Awards announced for fourth quarter|
Note: Fourth quarter applications are rated and ranked according to the methods for the year the award decision is made.